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Gold/Mining/Energy : PYNG Technologies

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From: grounded	8/16/2005 9:46:15 AM
	Read Replies (1) of 8117

This is the last I am going to post on this topic, I hope. First I believe we are all long on Pyng, since the sentiment rating remains @ 10 despite the spirited discussion we are having. Some of the "old timers" have an issue with senior mgt based on past experiences and actions. They have articulated their concerns many times and very well.... we get it. There have been some very positive developments in this regard with the company announcing that they are currently searching for a new CEO. This is great news for Pyng ... wouldn't it be prudent to give the company a chance to hire the CEO before we tear the company down ...tear the company done after and only if they make a poor selection. I have been burned many times in the stock market by not doing my due dilegence, believing rosy news releases and reading stock boards. This is not uncommon for any publically traded company...cmon this is the environment we invest in! At the end of the day the decision to purchase is ours and the loss is our responsibility to. I too was in Pyng when it was trading well over a dollar, but I had a stop loss (as I do now) to protect me (something I learned as well the hard way).

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