Friday, November 01, 2019 3:18:20 AM
>Don't mind continuing to hold my PIOE shares, as they seem to be the most "stable" investment I own.
Right. Much less prone to the vicissitudes of the normal microcap and the smallcap stocks in the Russell 2000 index -- though obviously last Fall we saw some selling here as people probably were either 1) scared that folks would sell PIOE along with the mainstream thousands of stocks, and so this begat the selling that took PIOE down to the 0.70s; and 2) some folks may have had to observe margin calls in other positions by selling off PIOE shares.
In any case, this seems like a fairly "steady Eddie" stock going forward now that profitability has been proven.
Btw, i mis-spoke in my previous post when i said that PIOE would have the debt to RCP paid off in a "few" years. Obviously it will most likely be several years or more (e.g., 7-10 years). And of course they may choose to not entirely pay off the debt to RCP and find other uses for their cash along the way....
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