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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: LLCF who wrote (16898)3/17/2002 6:09:18 AM
From: elmatador  Read Replies (1) of 74559
 
<<one is selling their stocks despite values>> This people are acting against their interest. This has more to do with psychology than anything else.

See, (I use telecoms because is a sector I have a little knowledge) if they have sold NT and LU back in April last year they would have not been locked inside the closet of the sinking Titanic.

quote.bloomberg.com

But they stick with their shares even though its is going lower and lower. They prefer the losses at the psychological hit that they have lost.
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