I expected Pattos to try to shake the tree and let the stock come back to the 45-46 level by sucking out the short term traders. I do not think that there will too much placement stock coming out even though it's a quick 35% profit.
At this early stage it does not look like the share price will go much lower. It will be interesting to see how muck stock will come out at the 50-52 cent level. A couple days trading volumes in the 4 to 5 million shares should see this stock in the mid 50's.
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