Simply Inc. (SIMPQ)

[jamesnames]

I know that pain of loss is far greater than the pleasure from gain, so you would think that more people would buy low when companies are out of favor. But I understand how people can get caught up in chasing stocks like OWCP. I never looked at seriously a few months ago when I found out about it at 18 cents, because it was at under a penny earlier in the year. I just cannot pull the trigger on something like that (but I did make some money on a similar garbage company NDEV right before that). In less than a year most of those MJ stocks will be down 90 percent, while stocks like IFON will be in favor again.

Fear of loss is hard to explain. The stronger fear is the one of missing out on something that is skyrocketing without you. The pain of loss is the killer, as the feeling of a huge gain is not as big as the devastation of a big loss. But it all makes for some amazing opportunities. The overall market is due for a huge crash, and if the DOW drops to 15,000, which would still be a joke (should go lower than that), people would panic and we could see chaos again. Companies like IFON will survive, like they have for decades. Cash hasn't been king since 2008 and 2009, and I suspect there will be a shortage of cash once again the next time we get an official recession, which I believe might be happening right now.