Can we put a rest to the PP argument?
in response to
by
posted on
Oct 29, 2007 07:10AM
Yes, a BIG HIT and only more big hits are coming
Sometimes you have to "defeat your own principals" to make money.
Was I happy with the PP? NO
Could I have cashed out and make harsh statements and phone BMK and give them a piece of my mind and say I will never invest in this stock again, absolutely. Would it hurt them and upset them, absolutely not!
I am in the market to make money, not to stick to all my moral values.
Although I have voiced my concerns on the boards, I therefore now have a choice, in or out. It is in my monetary best interest to stay in.
It is big business, not always fair and equitable but it is what it is.
This same thing happened with Roca mines, management especially IR has made all of us furious, but they will make me money therefore I have stayed put.
If you take emotions out of investing, more often than not you will come out on top.
BBOB