Also new CFO 'to prove' PMHH worth in June. It should be near the $2 mark at least (price at which GME raised from 71% to 82% last Autumn)
Posts: 318 | From: UK | Registered: Mar 2006
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Massive 25x av daily volume, 3rd day of increasing volume, 3rd watch breakout & news hasn't even hit yet!! - a fabulous day!
Real news/action will come next week when Patriot announce news from huge exhibition (see above). All their clients are there so repeat orders, also Caterpillar etc.
Parent co obviously think PMH is worth $2 - hence why they raised stake to 83% at that price. 10 institutions own 60% of parent, so this is a 'no brainer'
If you can get your head beyond the scam emails sent out by naked short sellers (they'll cover post $1), you'll see there's a real gem of a company here that it's an excellent mid-long term investment.
Posts: 318 | From: UK | Registered: Mar 2006
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