RE: RE: RE: Dec 03, 2012 Filing Class Action Ok Caveman, I'll put it this way... you are standing in front of the judge who is hearing your argument... you state your case just as you have stated it to me...
The first thing he does, is cough into his fist to clear his throat... then he leans forward and looks you directly in the eye.
He asks, "Mr. Caveman, how old are you? (You tell him.)
Then he says, "And Mr. Caveman, how much investment experience do you have? (You tell him.)
Then he asks you, "Mr. Caveman, with your age and investment experience, do you REALLY believe what the company tells you in a NR when it is already widely known that they are in a financial bind; especially when they are a penny stock on the old Vancouver Stock Exchange?"
You begin to banter... and he says, "Mr. Caveman, does Santa still come to your house?"
I mean no disrespect to anyone who reads this, or who has lost money on this stock. But the simple fact is at some point there had to be a nagging doubt in the back of your mind, and you didn't listen to the voice telling you that something was amiss. You made a mistake, like many of us have, accept it and move on... fighting it will cost you tons of money, and a great deal of emotional strife... why waste another ounce of valuable resources on what was simply a bad investment decision? Forgive yourself.
Whenever you buy ANY stock on ANY stock exchange ANYwhere in the world, accept the fact that you might (and likely won't) not ever see a return on your investment dollar... that way if you loose it all you won't be so disappointed, and if you get a return you'll be thrilled.
PYN is a small fish in a big pond of rotten fish... I'll begin the list, others can join in and add to it; just so you get the point that a loser doesn't have to be a penny stock: Bre-X, Nortel, Baffinland Iron Mines, 360 Networks, Alternative Fuel Systems... I could list 2 dozen more, but I'm certain that someone else will (and wants to) chime in with their favorite horror stories from no-so-long-past... have-at'er!