Hi Javip,
I understand where Drunk is coming from, i do however, dont agree with his last comments on his post.
Let me say, that to my utter disgust in myself, i hold some of this stock, and also to my utter disgust i didnt put in a stop loss.
As far as your post goes trying to justify the drop in price, might i say i wish you wouldnt.
The post you have just presented is a typical post where guys have fallen in love with the stock and are justifying its fall in price because they are holding.
This has been the case recently with not just pbi, also PRR comes to mind as another.
I am bleeding that i went totally against my own set of rules.
Fortunately i didnt put a huge amount into it, but that is not the point.
The point is that Some of the guys on here sound like 'stock brokers' (that is what stock brokers say when things go against them.).......as soon as things start turning for the worse, "supposedly time will fix it".
It has got nothing to do with 2-3 years down the track, or time will sort it out, it has got to do with timing.
If you are so resolute in justifying yourself, surely you would want to be making money in another stock and then transferring those profits into another stock, not sitting on paper losses waiting for a stock to turn.
All the guys that have plugged this stock.........Get a grip .....get an understanding.......this is about "TIMING the Market/Stock...........AND NOT .......TIME IN THE STOCK......
Yet still we try and justify it!!!! Face it, at this point in time it was a very bad decision!!
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