Re: I sold out 100% of my shares today....Bankerson..
in response to
by
posted on
Apr 15, 2010 11:40PM
Thanks, I have enjoyed your contributions as well. I am sure you are correct about your "low point", but truth is, I just can't stand watching what is happening here when I always believed we had something special (and hopefully still do). I first bought in 2005, and being technical, I became very addicted to this stock, and enjoyed sharing information with the many friends I made on this forum. There are so many good people here, even though we don't always get along. (: Anyways, over the years I lost over $70K on this stock. For some that may not be much money, but for me it is. Fortunately I sold a good amount of shares after the RG announcement that the Q fully reflected all revenue we would be getting from Texas (or something around those lines). I invested in REITs as I saw opportunity there, and have done very well. So well to the point that the PTSC loss no longer hurts like it did months ago. I am still invested in these REITs, and I believe they still have farther to go as they are primarily in the CRE market, so I don't want to cash out just yet. To further complicate things, two weeks ago, I lost my job as my entire division was outsourced off-shore. Because of this, I am being very critical of my investments, and moving some into cash, as I no longer have a steady income therefore don't feel comfortable with risky investments or investments that are not growing. So, this decission is simply being made because of my current position, and low tolerance for risk. Even though this investment didn't work out for me as planned, I feel fortunate to have made the friends I did, and believe it or not I have learned a lot from this experience and truly believe helped me take the chance with my other investments that have done so well and have taken the sting out of losing my job. Anyways, I am rambling, but wanted to say that I too appreciated learning from you and the many others on this board.
Good luck everyone!