Re: This sucks !! (eom)
in response to
by
posted on
Aug 12, 2008 12:52PM
Sure, it's not pleasant. Years ago I recall when I was a shareholder of Houston Oil and Minerals I experienced a similar shakedown as Probe is now going through. It disturbed me so I know how you feel.
It seemed that with each breathe I took the stock went down another notch. In the ride down to work the stock was on the news being lower than when I left the house. When I arrived at the PSE the stock had made another new low. It was a real nervous experience for me. I did nothing and soon the selling was over and a bottom had been put in. It seems that important bottoms are established when people are frustrated and freightened the most.
That's all that Probe is doing now, just searching for its ultimate low.
Some months later I sold my Houston Oil and Minerals for a profit and all my "paper losses" that I had experienced seemed only to have been a bad dream.
Probe is lower with all the rest. Now, if Probe was lower and all the rest were higher then I think you might have something to worry about.
I could figure out how much I'm down but what purpose does that serve? Sometimes, you have to be in money denial when things go against you, as they do from time to time, just to survive.
Take a look at res-investor for a breathe of fresh air. He's along with us in the same boat and he elects to optimistically gaze at our prospective future. I'm sure he hurts some too but prefers to redirect his energy. My hat's off to you res-investor.