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Re: Sumdude post# 16675

Friday, 08/03/2012 1:22:49 PM

Friday, August 03, 2012 1:22:49 PM

Post# of 38473
Hi Sundude. Nope! I don't buy on PR's. In fact, I pay very little attention to PR's. I like the aggressiveness in which they have approached their purchases. Yes, I agree that they are stretched very thin. But unlike you and others, I do not agree that spells a recipe for diasaster. Oftentimes you've got to spend money to make money. This company is very-well positioned and with just a few changes, such as in the price of natural gas for one, this company will become the force that we all so badly want.

I get frustrated with the PPS as well. But I don't let that control my thinking process. I have learned to be very patient, especially through the droughts, and it has paid off for me.

As an example, ever hear of Rio Tinto? That stock bottomed out relatively speaking, to where it was at. I held on despite what others were saying. It went back up and surpassed it's pre-drop numbers. That didn't happen overnight either. It took almost a year. By holding on, I profited.

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