RE:LOTS OF DOWNSIDE LEFT FOR LABAh...back again, are we? Folks, this is a serial basher. Take his words with a grain of salt.
GLTA
MAH111 wrote: Refusing to Accept Blame By avoiding selling a stock at a loss, many investors do not have to admit to themselves that they've made a judgment error. Under the false illusion that it is not a loss until the stock is sold, they elect to continue to hold a losing position. In doing so, they avoid the regret of a bad choice. After a stock suffers a loss, many investors plan to hold onto it until it returns to its purchase price. They intend to sell the stock once they recover this paper loss. This means they will break even and "erase" their mistake. Unfortunately, many of these same stocks will continue to slide