Holding long is definitely subjective! I suppose it would depend on the type of industry one is invested in and the amount of return one would expect and the length of time according to one's needs. In my case, several years is a long term holding. To some 1 year and a day is long and to others 20 years is long. Some may need to hold for at least 1 year and a day due to capital gains/losses too.
It's very difficult for me not to be an emotional investor as well! I worked my butt off for every dollar I recieved and know the value of each dollar. Regardless if I had enough to cover my living expenses, pay my bills and able to support my family's extra curricular activities, I still had to work for those extra dollars I spent on the stock market. I suppose I could let go of the emotional quotient with more ease if money came to me freely or easily!
I agree with you completely about the dissappointing lack of information or lack of solid information. He should be addressing our (shareholders) concerns way more often than he is currently- We are a big part of what makes PLE what it is! Throw us information starved investors a bone to chew on every three weeks or at least once a month!
You can look at this lack of information to your advantage though. You can be ahead of the crowd and get a great bargain by exploiting PLE's inefficiencies! PLE has better than average long-term growth potential and it is priced very low right now giving us a higher probablilty of of success, IMHO.
But Guy should definitely keep in mind, that investors alone can drive the price down due to a lack of information! I am very confident he knows this all too well!
Regards,
~Shifty
