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NASCOW

07/28/11 9:10 PM

#325389 RE: dragon52 #325388

very astute observations...agree
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Jestiron

07/29/11 1:44 PM

#325515 RE: dragon52 #325388

There are over 100 people on this board alone who have "faith" and we did affect the PPS many times over these years. Speaking for myself, my position in wamuq is as large as I ever intended to have. If I knew this would be a success, me (and everyone else with the knowledge) would find ways to buy more.

You said:
"if there was faith, the pps would be a lot higher... trust me."

I say:
By definition, "faith" and "belief" are simply mystical ways of saying "we don't know for sure", right? The PPS was higher when us LONGS originally bought into it on faith...and it has since leveled off because the LONGS are still here...many with their same positions.

You seem to be suggesting that "faith" would make the PPS rise continuously over the last three years?!? And that "faith" would cause me and the others to keep buying over this same time frame?

I am telling you, that the PPS is less affected, now, by our faith, than it is by those who have been controlling the PPS of this security for the last three years. We have over 100 examples on this board alone of people who bought at the ask, without a move in the PPS. Over and over again.

I will give you partial credit for your "faith" approach, but to discount the ability of Market Makers, Hedge Funds, etc. to control the PPS is simply naive. Not IMO. Period.

Good luck to ALL EQUITY LONGS. If you are one, then good luck to you sir.

-Jest