from the Yahoo! MLNK board:
During the tek bubble about ten years ago.
(couldn't get out at the time)
As this turd evolved into its present MLNK many promisses were made when a reverse stock split was pumped to where we are know.
Its taken a long time to get to this point with this and other investments.
I will use the sale of this LOOSER to cancel out my other gains this year.
FYI-The sale of this LOOSER will represent a loss of ~150K. Lesson Learned !
Imagine holding onto a stock for a $150,000 loss. And the thing is: This happens all the time. This is a natural instinct -- avoid pain by not selling and "taking the loss". This investor has been taking the loss for years. Imagine what that investment could have been had he taken say, a $5000 hit and reinvested somewhere else. Being patient with losers (aka LOOSERS) is how the average investor behaves. Don't be average.