>>so you have to sell for a 50% loss ... that is tough, man ...
Actually, for some of us, it was much worse than that. When I was maxed on margin right up to the 11th I bought, and then, broad sided by a Mac truck, takes you out of all other positions in other stocks too, to meet the maintinance call, unless you had cash to put up, I didn't. It cost me over 70% of total portfolios, but I was also over 60% CKFR at the time. My second mistake, first was margin
Nothing much about the companies abilities, IMO has changed since then, just getting the living piss beaten out of it. Will it survive and flourish? I think yes. How long? couldn't tell you. I just believe it will some day make old highs look as cheap as it does this week. |
