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Friday, April 02, 2010 5:55:16 PM
My wife also was in the lending business for about 25 years, and I in RE and other business for about the same so I can relate to a lot to what you were saying. My daughter just turned 33 Thurs and I still remember when I got here a job working for WF brokerage service 14 years ago and she is still there, only she has come a long way in level of expertise and position. We talk all the time and relate a lot of things about start up companies and industry and the difficulty that a company has to face getting anything going. It's not easy and there is no sure fast process and are no guarantees. It takes massive amount of funds, a good product or idea, determination to never give up, and a lot of luck and time to continue the process.
But I believe, at least technically, that I would have to place myself in the school of thought that we are not stagnant but very dynamic at this point. Yes, at first look depending on what two dates you take for pps, one can say, look at the price, its the same as 3 months ago, WTF? But, I argue that we are the change (the last three months) and the dynamics have changed dramatically and the force of direction for pps has reversed. I'll post a chart showing some more on this later, but given the fundamental changes that have also changed dramatically with the company the last 3 months, we have now experienced what will later be history and recognized as the main turning point of this company, including the pps in an upward trend.
Now you may be right we may remain at this point for some time to come, but I really hate to be wrong so I hope I'm not. It makes me work to hard to find out why I was.
![smile](/images/emoticon01.gif)
I am a gambler I admit and my risk tolerance is higher than average, but I do put effort into risk calculations in order to win at least most of the time. I guess thats the meaning of "speculative" investing. Go BEHL.
PS: I also got originally in this stock due to PSC and played the play several times for what it was. But they are just part of the business, Hump and dump, create a lot of loss for a lot of good people, give out a lot of expensive lessons, and sometimes destroy good companies. They are what they are, power to them for making good money on their business -- free enterprise, and I don't put them down for that. But they do get paid well for their effort and no thanks are needed from me or anyone else. I'd much rather them stay away now; plenty of other places to be to make the same. Just my take.
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