It may be unfortunate that some bought PTSC as an “investment” rather than on “speculation”. Those people are rightly selling out because of there large paper losses and the continuing downward trend line. If viewed as an investment most investor’s notion of a rational stop loss point has been hit. If their average purchase price was as low as 55 cents they’ve now hit the 25% paper loss point. An average entry point of 75 cents yields a 45% loss – surely beyond most stop loss strategies for an investment.
This is not an investment, this is speculation, a gamble. And, IMO, many on this board contribute to sell offs by posting expectations which are far beyond rational estimates (I doubt those individuals actually developed financial estimates) of future income potential, and a realistic time line for stock price improvements.
Long - and still in there for the $3 to $6 by PE 2008.