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Re: TallRob0 post# 49769

Saturday, 05/05/2007 4:59:59 PM

Saturday, May 05, 2007 4:59:59 PM

Post# of 162847
Tall Rob..I know what you mean.. it has been a little painful.. but there aint no way I'm giving in this time.. I looked at all the stocks I've sold over the last year, and every single one (with one exception) has improved since I sold it.. that includes a stock I owned in a company called Calpine (CPNLQ).. in December of 2005 the company declared bankruptcy.. much to the outrage of shareholders.. based on their published financials they had over 3B in owner's equity at the time this all went down.. the stock proceeded to plummet from over $3 to .25.. all the while I continued to exclaim what a travesty it was that the bondholders were able to force the bankruptcy given CPN's financial condition (which is what happened IMO) Anyway, I sat on it for 10 months until I absolutely couldn't take it anymore and finally sold at .40.. well, if you check it out now, it has actually risen back to pre-bankruptcy levels.. AS A PINKSHEET STOCK!!! Unbelievable.. goes to show you that sometimes you just need to stick to your guns. Patience will pay off here..IMO. even if we have to take a little pain in the process. GLTY



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