Liquidmetal Technologies Inc (LQMT)

[Dell_Griffith]

You're right, you convinced me, I stand corrected - smarter to despise a stock like LQMT, call lows, sit on it and lose 150K than to sell and walk away with losses, but 150K in one's account for whatever greener pastures that shareholder sees. Plus, no more "worries," no more bitching - then go on and pick a great stock or mutual fund and just put it there and never have to think about the constant expected deterioration in stock price that is relentlessly called. That's hardly a mindset for optimism in a stock and the only rational thing to do is dump it and walk away and don't look back. Objectively, even a "contrarian" will either dump or short if they think it's going lower. They certainly won't call it lower, but sit Long on it.

Contrarians ("counterintuitive" mindset) either buy when others are selling or short when others are buying. Unfortunately, that is not the case with what is espoused here; saying a stock is dead money, but holding on while calling lows is hardly a strategy for increasing wealth. It's not "contrarian," but I agree with you, you're right. No arguments here. GL.