Probably bought them at .8, dumping them for tax reasons. I have some dogs that are almost worthless and they wouldn't bring $9.99 broker fee to unload them, so they stay and taunt me. I now call UPZS 'you piece of ****' with the 73% loss on my initial investment.
But, I had one that took 8 years to recover and bring a tidy profit, so UPZS shall stay on the top shelf. Someday I might be kicking myself for not loading up at .08 - 12 for a buck - maybe not.
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