Predictive Technology Group Inc (PRED)

[Ian345]

No Need to "Spin" this Down 20% on this news.

This is not off topic - Anyone who follows this stock knows they announced three very similar presentations last year around the same time with a target date of Q3 2017 for ArtGuide. So this should have been priced in already.

We are now looking at confirmation of Q3 2018 if that can be trusted. I guess this would count as "Bear Spin" but usually when companies confirm delays in products the market reacts negatively. You say tomato I say tomato or six one way half dozen the other.

Also since we know that the company will sell large blocks of shares for 50 cents and will need to continue to do so for at least two more years based on their own disclosure last week, I don't think I would be in a hurry to step up and buy at this price.

Couple in the massive overhang of shares that will be hitting the market and high school economics tells us that there should be downward pressure on the shares.

However, Brooklyn my friend you are lucky as you can see the opportunity that others don't. This means you can back the truck up here and buy shares at a massive discount to what you think the value is. Be my guest but what I would do is actually call the Company up and see if you can get some of the 50 cent variety. Unless you are holding a truckload of those already.