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AGORACOM Wire - Wednesday February 15th, 2012

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Message: General Concensus about holding PLE stock?

Shiftyav
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General Concensus about holding PLE stock?

posted on Oct 21, 08 10:00AM

It's a risky, volatile market out there obviously! What are you doing with your stocks? Are you selling out or hanging on for that glimmer of hope with PLE? Are you willing to sell low and buy high?


I might have bailed myself if this was the situation last year! I found myself unusually relaxed at the SP plummett and willing to try to scoop up cheap shares recently just like our friend Buffett! Although he is looking more at well run company's with little to no debt and ready cashflow. He can afford to be slightly more picky than myself! :)


What I understand with PLE and others like it, is, that there is no short term reward for short term risk. I understand the urge to sell on these swings. The thing is, if I reacted emotionally to every decline in the market, I'd have no stocks left and would be left with a mass of losses.


I am still long, and like I said, call me a bagholder, but I still see no signifigant change in the vast property size and the potential underneath it. I guarantee that Guy will do what he can, in his power to make this happen for PLE. He would not have come this far just to give up!


Good luck with whatever you decide to do and remember - NO REGRETS!

Regards

~Shifty

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