i have been following pat's companies for years and my guess
is there are two possibilities:
1. There is no or little resource and the first results were just a one off.
2. There are better results coming and by creating a negative first then the stock would plummett as it has done and they pick up cheaper stock before it rises again . Of course at the expense of all.
If you have followed his pattern over the years then option 2 is the most likely . Pat has always made money for his inner sanction at the expense of the punters. In CNN he has always bought stock at cheap prices and sold at maximum . For example sold 10mil CNN at 18 cents and rebought at 2-3 cents.
He always picks the peaks and troughs and after all he is in control of any upsides and downsides. It is a question of guessing the right way. Risky for sure , however any one who has made money on his companies has done so following his patterns.This is my opinion only and do not base your decisions on this, you need to investigate yourself.
Good luck all
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