playing with the market, page-27

Kgtom,

That's obviously me you're referring to. The reason I had an account but never used to post is it was actively discouraged by my previous employer (an investment bank), and I also was restricted in terms of what and when I could trade. Now that it's no longer the case I've started trading again, and I don't discuss other stocks I own/owned as they're part of a broader diversified portfolio which is quite boring.

I'm happy to admit I got caught up in the excitement that pushed PAB to 9 cents, and having just re-read my posts I don't think I've been anything but honest? Yes I took a large position, yes I have sold large amounts, largely due to frustration. Yes I still have a positive view on PAB's prospects. There is no conspiracy, I simply bit off more than I could chew, lost a couple of 100k, and am now wondering how low it can go, given that late last year I never thought it would be back in the 3s. I simply can't afford to watch it continue to decline.

I still hold shares, and still trade a smaller parcel, but current market conditions no longer justified the size of my exposure.

Anyone who wants to discuss PAB privately is welcome to contact me at [email protected].

Cheers,
Z