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Re: jmsbravo post# 6620

Monday, 09/16/2013 4:11:10 PM

Monday, September 16, 2013 4:11:10 PM

Post# of 9014
'PacWest Equities Inc (PWEI)'

A company's strategic life cycle doesn't play out in days. You make VERY good points about PWEI challenges. Indeed, your prediction may prove prophetic. However, it remains to be seen whether the company's strategy will succeed or fail.

This is why I bought the stock. It's not a matter of right or wrong (I don't disagree with your arguments). It's about risk and reward. At a dollar and change, all I'm risking is a dollar and change. But my potential reward is $1. 00 As outlandish as that may seem,I just prefer the risk/reward better on the long side.