I’m not sure how much of that conspiracy theory you’re serious with, Gungadin, and how much is in fun, but you might be more right than you know.
I have no idea if anybody is in cahoots with anyone, but I do have reason to believe the powers that be are just fine with the price of PRED stock sinking into oblivion before things take off. (And yes, I still believe PRED’s day will come.) Keeping the price low allows big time players to scoop up shares at bargain basement prices, while shaking out the weak hands, and creating a solid shareholder base for the way back up.
I’m keeping why I think that to myself for a number of reasons, but let’s just say I didn’t conjure that thought up on my own, and I certainly didn’t pull it off a message board. Presumably, so long as us little guys don’t sell, we’ll be just fine in the long run.
In a prior post of mine I stated I thought powerful investors were buying up cheap shares all day long, and this is exactly what I was alluding to in that post.
It is this very idea that had me so bothered earlier today, when I posted a very rare, and uncharacteristically emotional post. I was not doubting PRED, or even considering selling one share.
Rather, I firmly believe the mental suffering we’re experiencing right now simply does not need to be the case. Even if I’m right, there’s not a single thing I can do about it. I just have to sit here, like so many of you, and take it….and continue waiting. Meanwhile, some of the small-time investors are folding their hands in PRED, and the little guy gets steamrolled yet again. And yeah, that angers me.
And, when the day comes when those in control choose to truly unleash PRED, and I have enough to retire, I’ll probably forgive the wait, sail off quietly into the sunset, and never visit a message board again.
But right now, saying I’m irritated is a gross understatement.
