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sunday256

09/02/09 12:53 PM

#12148 RE: tootuc #12143

Yes, and at the time I was still considering myself a long. I was tempted to sell both times, but I was holding out for better results long term.

So now, I realize I made a mistake. I have realized as long as this stock is a pink sheet or non-reporting, it's inevitable the stock will fluctuate to the point where it's worth just a few cents. That's great if you're interested in being a short term seller, and I'm tempted to do that...however I would prefer to wait until my break even point at $.15. Obviously I made another mistake in buying at around $.20+ to begin with thinking it would shoot up. So averaging down was a smart move when I had a chance a few months ago.

I just want out of this stock. Too many other stocks are providing value to their shareholders with such a weak economy that's bouncing back. POW is just sitting on the sidelines for whatever reason not providing feedback to its shareholders and refusing to provide financial statements.