new money, page-52

I've been watching PXS for a couple of years and several times had reason to curse myself for not getting in. This time I won't make the same mistake.

In my opinion they are close to their low and I have put in an initial bid for 20,000 at 53.5c and will buy an additional 30,000 if they drop much lower than that in March.

As mentioned by a previous poster, this company always seems to bounce back. It has happened several times now (see long term chart) and the best bet is usually on history repeating itself.

As usual it takes rather a leap of faith to be buying when things look grim, but that fluttery, sick, feeling in the stomach is one I associate with good purchases, whereas the feeling of confidence and exhilaration when purchasing a strongly rising stock, I now associate with losses.