Anavex Life Sciences Corp (AVXL)

[baltimorebullet]

I had a friend at work who bought Ford in the low to mid single digits back around '09.

A couple years later he asked me if he should sell.
I shrugged and said "why not sell half"?
If it goes down you're happy you sold some.
If it goes up you still own some.
He could not even entertain that idea in his mind, it had to be all or none.

This is also big problem with CEO's.
Thy always make it a binary decision.
Acquire or don't.
Merge or don't.
They rarely say "Let's try a trial partnership and see how that works".
AT&T is a poster child for that type of mentality.
Also common in BP.