Second thought?.....Hey, this is thought series 17 at least....<g>...
Yeah, I like GTA, Dario, but I was loading up when it was under 3 bucks there, and have more than a full buy-and-hold position, I had some of the traders for sale yesterday at 3.28, but nobody bit.....not in a hurry to dump them, though......
If I bailed out of Pallet, a bit would likely go to DEN and IMT is coming back to a fair price, too......actually a few of the baby biotechs look interesting......I'm a strong believer in diversification, though, and never let anything, no matter how attractive, exceed 10% (OK, really sometimes 12%) of portfolio....and GTA is pushing that now.......
But it's an academic question, anyway, as I have less intention of bailing out of PLT now than a week ago......You may yet come to regret having bailed, Pallet is not in the ugly shape the market suggests, imho, at least not any more so than it was when we were buying in the New Year.........if anything it's doing better, the last quarter showed definite improvement and the one just ended could be very close to break-even, if not actually in the black......
Expect an announcement on successful completion of financing from Pallet before the next financials come out, and expect the market to react to it........Bank of America is not the only game in town.....
Dario, did you know that there's another thread on Gentra under Real Estate/REITS? That one we were on seems to have dried up....
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