Re: i am long but...with paragraphs (apologies) - To militarybook
in response to
by
posted on
Dec 27, 2007 05:11PM
It is not my nature to reply to replies, so I will only say that some are misconstruing my words.
I never said it is not ok to question, and freedom of speech is not the issue. Anyone can say what he wants. And yes, I am a lawyer "and your lawyer buddies like the stock," or words to that effect written by a mailroom clerk persona.
Note I am not saying it is not ok to question a management decision, ask for more information, attend SHM and pick and probe. My god, we should and must all do this. We must tear apart financials, ask about caselaw and USPTO ramifications, etc. These sorts of things are healthy and desirable.
My overall points are networked into a different observation:
if you don't like management, don't like the CEO, don't like the BOD, don't like having to deal with ongoing NDAs, don't like stocks when they are listed on the OTCBB, are worried about MMs, roller coaster share prices, etc., etc., etc., why in the world would you be invested in PTSC?
To me, this is a real head scratcher. It is voluntary. Sell and leave, because JT and Co. are not going anywhere anytime soon. Neither are the MMs, etc.
I guess I digested all that, and decided I liked what I saw and was willing to buy it. TO ME (note the qualification), arguing otherwise is not dissimilar to buying a car and then complaining because it has four rubber wheels that have to be replaced, a tank that needs gas, insurance to keep the thing on the road, and driving it means a few dings in the paint, an occasional wreck, and fluctuations in value. Not a perfect analogy, but you get the point. Didn't you know that before you bought it? Is that not part of the risk one factor's into something one voluntarily invests in?
Yes, I have made a lot in this stock. I first bought a small amount in early 2000 at (I think) about $2.00. I held when it went all the way up and then down. When I watched all the patent sagas unfolding, I loaded up at about nickel, and then in increments up. My average is about .16. (And I miswrote earlier; I sold some to pay some other tax liability months ago. Forgot about that. It was not that much.)
I could be wrong. My buddies could be wrong. We could have real problems, and we could head over a cliff. I think that is as unlikely as me waking up in bed tomorrow sporting Tom Cruise's looks with Nicole's arms wrapped around me, but it never hurts to dream a little.
I like reading most of the posters. I just don't understand the personal attacks when the situation is SO COMPLEX and sensitive. Let's face it, we are not privvy to day-to-day discussions and conferences. I think if we were, what is transpiring behind the scene would look a lot different to us.
(Maybe then we would all sell now. JUST KIDDING).
Peace.
--tps