I get it, and I like to load up on some dips and strengthen my position as this happens daily much to the chagrin of the sellers..
But the NEW EYES that come in and hear "they need to get this out" "it's overdue" "late filings = done" all get spooked and at the slightest downtick tend to take it down further thinking the sky is falling.
Imagine if they all just bought in and believed in their own DD instead of listening to random neigh sayers (which is where I am at with PCTL) We would be at DIMES already! Why would anyone sell then? and in this equation, the STOCK PRICE WOULD RISE and see BETTER RETURNS!
SOOOOO, THE FACT IS THEY ARE WORKING ON THE DEAL, THAT IS THE MOST IMPORTANT THING FOR THE COMPANY IN ORDER TO GROW TO WHERE SHAREHOLDERS AND THE COMPANY ARE SUCCESSFUL.
When the financials come out is unimportant, just that they do. And if you are using money you can't afford to have locked up for a few days, WELL THEN YOU SHOULDN'T BE TRADING. PERIOD.
Have a strategy, know your in, and know your exit.
Rushing a deal to appease some traders flipping is not a successful play for the company, and I do think they are priming up to be worldwide successful.
KNOW WHAT YOU OWN AND LOOK AT THE DD and then DO YOUR OWN DD. It's all on the up and up from the amount of DD I've put in, and that's my honest opinion... everyone has to make their own decision.
I have upwards of $xxxx invested here at various levels and the thought of dimes are great, but paper sounds MUCH BETTER.
$PCTL
imho
