Patten Energy Solutions Group Inc (PTTN)

[Bernie-UK]

It seems like you are in the same position so I guess it really depends on what happens next. The logic with "giving up" and flipping at 3s is that if it doesn't go back down, it's a missed opportunity. I'm in this for a lot more than a $2K flip so I'm not really bothered if I miss out on that.

If it continues back up after this blip, they'll be kicking themselves for leaving too early. I've been there too many times.

I thought everyone was done flipping their 2s for 3s when we passed by that before but the people flipping 2s for 4s today probably made them nervous and they cashed out.

I've got no argument with anyone's logic or selling style here. Part of the game is to work around what everyone else is doing instead of complaining about it.

Imo, it got to 5s too quickly and then had nowhere to go because the volume couldn't carry it further without more interest and news. It doesn't surprise me that it didn't hold that level and I've been happy that it has been consolidating between 4s and 5s and staying relatively stable. It's building a new base here that will launch it much higher soon.

If the argument was that we should have all sold at 5s and now be buying the 3s that someone let loose today, I'd agree with you. Hindsight is a wonderful thing though.