GREY:PTQMF - Post by User
Comment by
Libertygon Feb 16, 2011 5:56pm
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
172 Views
Post# 18146385
RE: RE: Markets
RE: RE: MarketsNo worries, PMC is a fear monger with a personal vendetta against PTQ, of course selling 3.00 plus dollar shares for .50 cents obviously is why he hates this company. I was in the resource sector during the meltdown in 08 and that was brutal for ALL resource stocks PTQ simply dropped just like EVERY other stock did, although PMS seems to think PTQ should have somehow escaped that meltdown because he had money in it. I love this company's prospects and can certainly see this making the next move up soon. 2008 will never be forgotten and i tend to lighten up all my investments when things look a little tippy. I could be wrong but i can always increase my holdings if it looks right to me.
I don't believe the markets will crash due to the influx of cheap paper printed 24/7. That paper will go to all asset classes and prop up the markets. But, corrections still happen and the market could see a normal correction along with the metals. S&P back to 1280 or maybe 1225 wouldn't be abnormal for a correction. If we hold these levels over the next few days or so i will begin scaling back in. Overall i always hold a core position for the longer view, and now with my PTQ shares even if it dropped to zero i wouldn't lose a dime. If it goes higher just as well for that core position anyway. I'm cautious these days especially after a double. A profit is only a profit once you sell.
One more enjoyable jab at PMC. If some blow hard has to brag about how smart he is and how much money he makes in the markets it's guaranteed that................................................HE DOESN'T, in the old days we called that a LOSER. His track record with PTQ should illustrate, a fool is what a fool does. He's but an irritating fly buzzing around your head.