Hey choc
What was so good about todays action???
The company released an announcement and then a presentation and the price held.... Very transparent behaviour that clearly indicated their short term intent in the way of drilling etc (you should check it out).
I asked people last week what was so disgusting about pattos and why many posters consider them dodgey and noone replied. I pose you the same question. Especially when many companies on the ASX deal with them... also you dont know what the clients of pattos are thinking... perhaps they are going BARGAIN at 1.7. We have the next SIR. And want to hold as tightly as a ducks proverbial. Or they may want to offload. Gross assumptions of others psyche on your part big guy.
Anyway.... The share price only held.
Or did it go up on a massive pump like I have observed elsewhere today?? Maybe my connection to commsec is wrong... but the share price really hasn't changed... Post announcement hype. Lol. So we have sp of 0.022 260 trades. For a volume of 24466179. Still at about 76% loss over past 12months on commsec..
You dont have rmx confused with some other company? Plenty of those on the day traders forum that go up and down like yoyos.
Or are you looking for a lower entry point and are surprised that the price has held today rather than going backwards?
Very interesting...
On the nen thread paprika has a great photo of a bloke chasing a train that he clearly missed. Perhaps you are feeling that. I have been told by other posters when I have felt jaded to get over it and move on. At the time that advice annoyed me. But its proved to be very sound...
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