Question for the board:
How is there any more risk in buying PBLS now at .006/.007 than there was last November?
- Last Nov we had a gagged T/A; now the T/A is ungagged but they could raise the AS
- Last Nov we had no idea what their cash flow situation looked like but assumed it wasn't great; now we know/assume its not great
- Last Nov we we cutting off some companies; now we're cutting loose some companies
- Last Nov it was hitting oil for the big pay day; now it's KOMEX for the big pay day
- Last Nov we had basically no information but promise of AF's; now we at least have "Limited Information" and promise of "Current Status"
- Last Nov we had past PBLS longs coming to rub the pps in our noses and "save us" from out stupidity; hey, what do you know? Our "friends" keep stopping by...
- Last Nov it bounced from .006 to .02 in 2 months and I sold and made up for some of my earlier "losses." One more play and I'm "free."
How has risked/reward changed at these prices other than the fact that many are realizing that PBLS might not be the best long-term play? Not being sarcastic...am I missing something here from a "short-term play" stand point. So what if PBLS is a scam? Not saying it is or isn't, but even if it is, the LT chart says it will find a bottom and bounce.
Just trying to detach my emotions and make some money here...
Ren
"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org
