Trader J, his comments say it all.
I think every holder of PRFM nerves are edge,probably rightly so after a day like today.Nevertheless we have to get away from this belief, "I WANT IT ALL AND I WANT IT NOW"
As a few more of the rational states of mind in this issue,have stated let us exercise some restraint, it was like a horse race the latter half of this afternoon, with everybody practically screaming for a winner.I hate to disillusion some of you, this is more than the 100 yard dash, how far has the stock come in a week look at that fact and absorb it.
How many of you have watched a marathon, and the first runner at the head of the pack is seen running across the finish line 26 miles later.It is a question of pace and judgement.I for one would be questioning this stock if it was jumping 2-3 points a day, guaranteed if it finished at 16 today, everybody would be screaming it going to 23 tomorrow!
This is all part of the process, accept it that is how the stock markets work, there will always be shorts, and there will always be longs, and there will always be people who react to a misguided perception.That is their downfall, but it will prove us to be stronger.Reflect on the issues why we purchased the stock, mainly because of the huge potential, and marketing capabilities, or was anyone listening when Greenspan accepted that internets have a place in the market, I don't recall him saying anything like that before!
So relax a little, remain focused.I am in for the ride, anyone joining me? |
