Thursday, September 14, 2006 9:35:38 AM
JAKE17
I am in the mood to kick chairs this morning, so if you know of anyone the requires my services, please let me know.
All along I have set two goals for my exit strategy in PBLS.
1. Try and make it long term before I pull the triger to sell 15%-20% of my shares.
2. Sell at the minimum of my limit at .28
No great mystery here, I do not have time to watch and flip, might as well reap the benifits of the 10% tax break for long term since I happen to think PBLS is worth at the very least my limit(actually more now) and still growing.
The first part of my plan is realized and is the part I could control. The PPS is a different story and either it will happen or it will not. For those that put in money they could not lose, I do not think ultimately they will not lose anything if they can withstand the "dead money" syndrome for longer than we all expected. However, if they were using money they could not lose, if it is not this stock that puts them up in a chair with a rope, there are thousands of others that will probably do the trick.
For those complaining that they could have made so much money playing other stocks while they wait here, well...since they are just that good, I would think they could scrounge up another couple of hundred dollars from all the money they have made in the past and go about making thier millions while they wait. Or just sell, take the loss and make it all back on something else.
Reality is that probably well over 50% of those that have already sold for a loss, lost the rest somewhere else or would have lost it anyway.
Regards,
Fizzlegig
I am in the mood to kick chairs this morning, so if you know of anyone the requires my services, please let me know.
All along I have set two goals for my exit strategy in PBLS.
1. Try and make it long term before I pull the triger to sell 15%-20% of my shares.
2. Sell at the minimum of my limit at .28
No great mystery here, I do not have time to watch and flip, might as well reap the benifits of the 10% tax break for long term since I happen to think PBLS is worth at the very least my limit(actually more now) and still growing.
The first part of my plan is realized and is the part I could control. The PPS is a different story and either it will happen or it will not. For those that put in money they could not lose, I do not think ultimately they will not lose anything if they can withstand the "dead money" syndrome for longer than we all expected. However, if they were using money they could not lose, if it is not this stock that puts them up in a chair with a rope, there are thousands of others that will probably do the trick.
For those complaining that they could have made so much money playing other stocks while they wait here, well...since they are just that good, I would think they could scrounge up another couple of hundred dollars from all the money they have made in the past and go about making thier millions while they wait. Or just sell, take the loss and make it all back on something else.
Reality is that probably well over 50% of those that have already sold for a loss, lost the rest somewhere else or would have lost it anyway.
Regards,
Fizzlegig
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