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Re: researcher59 post# 81618

Thursday, 12/24/2020 12:28:34 PM

Thursday, December 24, 2020 12:28:34 PM

Post# of 129988
Glad to hear it on PATI. I really like the setup on this one for next week. Unknown low floater about to pay a special $3/share dividend. Hoping they put out a clarification PR like MAGS on the dividend. As I'm sure most people don't understand the 25% rule and think they've already missed it.

Still guessing traders could bid this up to the $12's or $13's next week ahead of the dividend. Maybe higher in this frothy market considering how thin this one trades (PATI doesn't even have a board on Stocktwits yet!). Worst case stock does nothing and you get a $3/share dividend. Stock drops down to around $8. Because that's near a 52-week low and the markets are incredibly buoyant, I think it will recover back towards $10+ in a few weeks/months. PATI actually had a nice turnaround profit in Q3 & Q4. Next quarter or 2 prob not great. But they are a play on the economy rebounding next year.

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