Reality check for longs like myself! We all know that management is A+ and their potential technology is cutting edge and may make the patient investor tonnes of money!
BUT
The reality is that they don't and have not really had a thought out strategy on exposure. I don't mean hype or promotion, but a strategy!
All i can say if i just listed on a quality exchange, which by the way is not the NASDAQ that we all thought way a layup but turned out to be a fowl.
We finally listed whereby some other types of investors might be able to purchase shares because it is not considered a "penny stock" anylong.
I would have lined up a few press releases after listing just to keep the Momentum going. We went from 1.2 million to 1 million to 300k shares traded on the third day and we are already bleeding
We were told that there many press releases, but where are they?
The problem is that management is building a company! We all get it! The reality is that they really don't care about the stock price in my opinion.
If it was me~ i can chew gum and talk at the same time i would have lined up real press and released so as to continue to attract more and more eyeballs. Except for that major run from $2+ to $7 this stock has really only hammered all of us unless you were very nimble and bought at $1.07 or some and traded it for a short term profit when it briefly hit $1.80. If you did not PRED is losing you money short term. I am long term, but i also invest to make $.
Management needs to understand that the stock is important. Shareholders are very hard to get and the whole idea is to keep them. PRED really does not care short term , but they don't understand that most dont like to get slaughtered while they wait for A-ticket.
Regardless , i remain very long and believe! I would just like to see management give a hoot about the shareholders that they really need.
PS: i don't need any negative responses either.
