Richard,
Your point is well-taken. Also, I don't blame anyone here for losing their faith in PRLN.
I happen to believe that this company has great potential, but given their finanacial status isn't it priced fairly at these levels? Of course, any big news would certainly bump the price, but probably only for a day or two (doesn't that seem suscipious to anyone besides me?).
I happen to have some disagreements with certain members of the Board. Others obviously feel as I do, and sometimes that turns to frustration and sometimes it isn't even worth the potential return to invest in something you no longer belive in.
I was once a great supporter of this company. Currently, based on the evidence I have seen, in my opinion there is corruption at the company. I am taking a siomilar attitude that you have, not just becuase I think that the cmpany can manage to increaser the price, but becuase I like the underlying technology. However, I also have reservations that the technology base is now gone (Babish and Campbell). AS time passes, I keep reevaluating my position.
Yes, buy when the bulls are bleeding in the street. But a better analogy here would be that the bull has jumped off a cliff.
Rick |
