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Gold/Mining/Energy : PATHEON INC. (PTI - TORONTO)
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To: Fishfinder who wrote (100)9/10/1998 11:50:00 PM
From: BlueIce  Read Replies (2) of 147
 
I used to own Patheon shares. It was a great performer when I bought in at $1.35 and finally sold in the $3.00 range earlier this year. I only bailed because I needed the cash.

When I held shares, I did have a couple of issues with Patheon though. As people pointed out, their IR is non-existent. You could go from quarter to quarter without hearing a peep of news. The other is the stock can't sustain surges in price. The stock does move up, but it's always two steps foward, one step back, two steps forward, one step back. For instance, it might rise from $2.50 to $3.00 in one week, fall back to $2.70 the following week and stay there for three months. Then rise to $3.25 the next week, fall back to $2.95 the week after that and stay there for half a year. Then move up to $3.50, fall back, etc. All that time, I'd probably never know why the stock moved up or fell down because of lack of news.

Good luck.
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