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Re: Benedictus post# 187502

Monday, 06/18/2012 12:36:10 PM

Monday, June 18, 2012 12:36:10 PM

Post# of 312101
Sure. You held on when the price rose to $4+.

Let's say you bought 10k shares at 50 cents each.
Had you sold into the pump, you'd have received $40k.

But you held, so you shares are now worth $11k.

Now you can say "they're worth double what I paid for them", but they're also worth 25% of what you could have received had you realized that the P2O revenues would be so poor, the company would be sued for fraud by the SEC and in general, it would be a disaster.

Granted, it's not as bad as the poor souls that were actually buying at $4/share, but either way, $29k in value is now (likely irretrievably) lost.

Best advice - never fall in love with a stock. Sooner or later, they disappoint.


"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing."
-- Albert Einstein

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