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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: accountclosed who wrote (46415)6/11/1999 8:14:00 AM
From: Cynic 2005  Read Replies (3) of 86076
 
The other day in a party I met a guy who is bullish on some internet trash. He is long on BIDS at 19 and change. I told him form what I hear about that, it is a penny stock and went out of my way to recommend him to get out. That was at 4 points higher price. His reasoning for not selling is that if he sells, he will incur a loss and hence he won't. He has been investing for a year or so I believe. That is the thinking many investors can't shake-off from.
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