Pacific Biosciences of California Inc (PACB)

[MastersN]

Shub, with all due respect, when it was @14 were you thinking this will go down to $3 and possibly $2? If so, you are a smart cookie for sure and hope you are buying more down here then to match your long term horizon. I've seen a lot of pumpers of this stock such as when it was above $8 saying it is going to 25, 100, even 300!!! Liars and thieves every one of them except for the ones that bought into their hype.

When I got into this around $5 my realistic expectation was that it would finish off at $17 around the IPO. Now my average is $9+ due to being one of those idiots that bought into their hype.

Now they are saying 'long term' down at $3. It is such a scapegoat this word long term and no one can really define it- What is long term? 2 years from the time that you got in, 5, 10+ or just until you can get your money back in 25 years and maybe it works out that you make some to match the interest you could've made in a savings account that whole time.

Sorry for the rant. Time for me to get a second and maybe third job. Utterly disgusted with myself.