Profitable Developments, Inc. (PRDL)

[SpunjHamr]

Sad to say, they sucked me in quite handily. I watched from a distance for a couple of months and didn't play with this. That last bounce I came in on their encouragement and the apparent faith that they exhibited thinking that we had a strong team that could hold out and keep this thing active. I was leery of the real estate interest which disregards what the press has told us to the contrary and don't see that sector as any kind of near term producer but I relented thinking they must be very enthused. Now I see it was just my money they wanted to help them exit their positions profitably and they soon took their profits to another stock.

I'm not vindictive to those former players or even totally disenchanted with STHG. I still see great potential here but it will have to pull itself up by it's bootstraps and we need to not fall for the promises of ever present MOMO that the pumpers will be in here selling us the first time we turn green. There is also no need to give much value to the doomsayers here as these boards just don't mean that much in the bigger picture. It will ebb and flow as stocks do, with or without us and there is no hugely negative or positive news to make it do anything drastic.

In the past, I did fine here just playing it between .0055 and .0065 and made nice money settling for 10% to 16% or so on a trade. That is the healthy way to look at these things and don't be frightened to play them that way. I think the exit of these bigshot pumpers is what makes this look so anemic right now. No red flags, is my point.