Question for longs:
Is it so inconceivable to believe what is occurring right now is actually part of management's game-plan?
I hear an awful lot of investors complaining about how PRED's leaders are handling our crashing stock price, and not being more vocal regarding specifics on deals, and progress being made within the company.
However, keep in mind what many on this board are saying about the current consolidation (which I agree with), where weak hands are being shaken out, and the 'big boys' are coming in to scoop up massive amounts of shares. These same 'big boys' are WAY more likely to own PRED shares for a long period of time because they know what they own, and they're looking for a huge profit.
The small, retail investors are much more likely to sell, when they get back to even, or maybe make a small profit, because this process has been a scary emotional roller coaster, and too many truly don't know what they're holding - which is of course why we're hearing so much whining and complaining on these boards on a daily basis. I've recently changed my perspective where I now realize these small-time investors ARE the problem, and will only make the stock price that much more labile when the pps heads back up for real. This ultimately hurts all of us real longs.
From a bigger picture perspective, it would make sense to intentionally shake out the weak hand investors, and bring in a more knowledgeable, less fearful investor base. While this strategy doesn't do much for looking out for the little guy on the block, it would make sense for stock price stability longer term.
So, as I've been saying from the beginning, instead of questioning management's current lack of disclosure, and seeming indifference to the cratering of our stock price, carefully consider we are actually in the midst of a very intentional shifting of weak investors, to powerful long-term stock owners.
The good news is this doesn't have to be a negative for you even if you are a retail investor. If you don't panic. If you can keep your head.
The big selling will come to an end, and when the weak hands are mostly shaken out, well....it's going to be a very good day.
Big picture folks.....
