Put simply, this was a costly experience I will not forget.
I believe that in about 8 years, I will be able to have, once again, in my cash account the money that I officially lost upon my recent unloading of all my shares. Thank goodness for decimalization; otherwise, I would have never been able to unload my shares at about .024. On the other hand, it probably wasn't even worth it for me to unload my shares.
Anyway, I still remember financial advice giver and radio host Bob Brinker declaring something to the effect of: "Oh, sure. Go ahead and invest in penny stocks, but ONLY if you want to lose all the invested money." I remember hearing these words right around the time I really started gobbling up PNLK shares.
My PNLK experience has taught me a lot, including being more prudent not only with my stock investing strategies (or speculating, in the case of PNLK), but being more prudent in life in general.
All in all, I do believe that GZ and others originally had the best of intentions for the shareholders. However, when they eventually saw how much of a longshot that attaining any kind of success would be, they straddled the line between taking care of shareholders and themselves. Obviously, many folks fervently believe that they crossed the line.
I am trying to put all this behind me, but it is very difficult. I continue to replay in my mind how much I actually had on paper, and of course, how much I lost in reality. It is difficult to overlook the numerous courses of unwise actions that I took regarding the PNLK shares. I knew so much better, yet I was absolutely blind.
Oh well . . . Live and learn, I guess.
I wanted to get this last venting session out of my system on this PNLK thread. I also wanted to thank all the individuals who corresponded with me publicly and privately regarding PNLK, as well as to all the posters for their contributions on this thread.
Sincerely,
"ablee" |
