Raising then folding AJ pre-flop - pathetic or heroic?

[BigDan9]

I still haven't found a hand converter for Pacific but the situation is easy to explain:

5/10, ten-handed. Players of varying calibre round the table, but (although no useful stats as yet) MP+2 and CO seem to be solid, if conventional, players.

All fold to me in MP+1. I raise with AJos (which I would occasionally call with, for variety). MP+2 re-raises, CO caps, everyone else folds and I, in terrible position with a very average hand, decide calling here is an -EV play and fold. Is that an absolutely ridiculous view to take?!