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To: Jacob Snyder who wrote (12652)	1/9/2013 3:53:58 PM
From: Jacob Snyder	3 Recommendations Read Replies (1) \| Respond to of 13403

PT sold 5000 @ $5.37, profit $6782; this closes my position, which I bought last July at $4. I will buy back, probably at $4.5 and down. This European/Brazilian telecom may have hit bottom last summer at $3.73, but I think the stock has reached strong resistance now. Rallies have failed here, since early 2012. News stories are saying "European sovereign debt crisis is over", which is overly optimistic. When reality bites back, I'll be back into PT, which may become a LT hold for its dividend.