who is selling and why, page-9

Hi Simone,

I sold not long ago @ 13.5 c

This is a great company who is suffering from nevous jitters in the world economy. I know as well as anyony how
good the fundermentals are, and that is why I held off selling for as long as I did.

There was a time when I like so many PRR shareholder thought $1 was just around the corner. It is now 11cents.

With all speculative stocks, the the fall tends to be more sudden and dramatic once peoples appitite for risk sours. You find that peolpe retreat to a safe haven in tough times, and at the moment a lot of investors have switched to cash.

One issue I can see at the moment is that a tiny price drop (ie 1 cent) equates to a big drop in value of ones holding. Every cent drop now equals nearly 10%.

So to answer your question, and remember that everyone must follow their own strategy, I sold to to get out while my shares had some worth. I was not prepared top see it drop any further.

I will buy back in at some time in the future, but not until I can see the shareholders getting the value for money they deserve.

For those of you still holding, I sincerely take no joy in the SP continuing to fall. For all concerned I hope you can stay the course, or get out when it is right for you and you alone.

Good Luck and God bless


Bellaquattro