<No one "knows" what they own in PTSC>

While the statement might be true, it has little relationship to the "real" world in which most people participate. No one can ever hope to know everything about PTSC, or any company, for that matter, so I do not see the usefulness of the statement. The same could be said of any investment. Perhaps I'm misunderstanding something?

<If anyone truly "knew" what they owned in PTSC, he or she would have "known" in advance .....>

That statement is toally bogus, imo. There are too many uncontrollable variables to be able to predict the future, no matter how much knowledge one may have. Perhaps that is what was meant?

IMO, people who invest in a company try to obtain a sufficient level of knowledge about the company that allows a certain level of comfort, given the person's risk tolerance and the amount invested. If people had zero belief in any company, they would not invest a single penny in it. But from this you can see that people can know what they own at differing levels. They all know what they own, each one comfortable with their individual knowledge base, given the level of investment and risk tolerance. They all believe in their investment.

< Merely "believing" represents a completely emotional view that tends to cause one to "fall in love" with a company or its stock>

I do not see the same cause and effect that you do. While some may fall in love with their investment, that has nothing to do with having belief it it. Belief is a necessary component of investing. I would agree that it should not be the sole component on which to base investment decisions.

All in my humble opinion.

Opty