Sandman wrote: The stock price is under pressure as: i) PNP appears to be continuing to sell ii) Traders can utilize this information to continue toying with the stock near term iii) No news update is expected until end-Sept iv) It remains unclear what the end-Sept news release will provide as info (i.e. revenues?) Until further information is provided by management (I believe this is much more important than PNP selling), this equation will not change. As i've stated before, at this stage investors require greater CLARITY as to the future of PTK.
.......for your information Toad:
i) I am heavily invested in PTK with a significant portion of my portfolio believing in the success of the company.
ii) I have never sold one share of PTK since having purchased.
iii) I have purchased PTK on three occassions with my latest purchase at least 6 months off.
iv)....and in keeping honest I would buy more should the share price continue to fall once I see a true bottom OR if news is released stating that our tiem has come (don't mind purchashing on an up swing either)
That is the one thing I don't like about this board, any time someone voices an opinion that is contrary to RA RA RA PTK it gets sh*t on.
I never said I doubted the long term outcome and success of the company; had this been the case then why would I still be invested? The bulk of my purchases come years ago with many of my shares purchased sub 50 cents. I'm still IN THE MONEY.
My comments were honest and truly reflect my view at this time until further information is provided to me by the company or otherwise.
Sandman