Hello Rob:
I am not familiar with the PSTC thread, or the company for that matter.
I bought my very first stock in 1974. Since then I can recall ONE
time that a "hot tip" actually turned out to be good. I can name you
a few hundred that had all the staying power of "passed gas in a
tornado", to paraphrase a rather direct analogy. <g>
My opinion and 50 cents will buy a soda out of most machines, but
here is my opinion:
1. Before you buy a company, you had better know what they do
and understand why it is a good investment. If you do not have
a solid basis for your purchase, you should not make it.
2. ANYTHING, repeat that...ANYTHING I read here or see here I verify
if I am considering acting on it. The couple of threads I frequent
here have posts that either quote sources that can be verified, or the person posting produces sources/dates/references on demand.
If you are going to act on unsubstantiated information, I urge you
to burn your money in your house... at least that way you can save
a little bit on your utility bill.
3. One of the greatest, if not THE greatest, investors of all time,
John Templeton readily admits to being wrong 1 out of 3 times.
Even after doing his homework, using all his research facilities,
contacting the company, etc etc, he is still wrong 1/3 of the time.
It happens! It isn't a crooked specialist, market maker, or a
global conspiracy by bankers & third world terrorists to rip you
off on your few hundred shares. We are human and we make errors
in judgement when it comes to predicting future results!
Ok, all that is off my chest. Now, if you can write 50 -150 words
on WHY you own PSTC, and why *I* (or anyone) should own PSTC, and
you think it is a darn good reason... keep it! If you can't, maybe
you shouldn't own it, either.
I don't know you Rob, having nothing against you, and I'm not going off on you. I sincerely wish you nothing but success and profits.
Regards,
Doug |
