Sorry if the post sounded like it was justifying anything or contradictory to what you were saying...just offering a veiw point on what the general feeling might be amongst people invested in shares at the moment from my personal experience...I agree that holding is the best long term strategy for a stock like PNA and that not much to gain by buying and selling in the short term...but having lost a lot of money (at least on paper) that way I think a lot of investors are more wary of that now.....this what worries me now...not the fundamentals but rather the emotional factor...people may hold up to a point but once a certain critical mass is reached then it could be a big panic sell again (for the broader market I mean, not just PNA)...could all be wrong anyway!!! Hope so....it would ve very hard to imagine the markets going back to the lows of 3 or 4 months ago, i think that is past.
PNA Price at posting:
38.4¢ Sentiment: None Disclosure: Not Held