Just saw a Bill Gates quote that describes the situation to the point:
We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.
I, like many, hurt right now, am deep in the red, and wish I "would have been smarter" and sold at the $1-$1.20 levels. Alas, I didn't! Can't blame anybody for that. Was doing plenty of research and expected after each additional significant drop, a quick recovery - which never came. It saw me holding on to a large parcel for way too long. Hindsight is beautiful, isn't it?
However, so is foresightand looking especially at Gates' quote, I still believe that for those of us who have the stamina, faith, and can afford to hang on, PLS has so much going for it - despite some of the current headwinds and risks - that it will reward us very hadnsomely. Maybe not in the next two years
but in the next 3 to 5 and even 10, when the change will be far greater than currently estimated (see Gates), as long as you have the patience.
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96 | 418980 | 3.000 |
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Price($) | Vol. | No. |
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