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Re: DewDiligence post# 18943

Tuesday, 06/02/2009 11:30:09 AM

Tuesday, June 02, 2009 11:30:09 AM

Post# of 19309
Dew,

I can't disagree with you on these points, and I am not happy about the current position we find ourselves in with GTCB / LFB.

But, you might also recall that back in Sept, Oct, and Nov 2008 before we had the special meeting vote, I was one of the loudest opponents against the vote. I did not like it then, and I still don't like it now. But, it is, what it is, and my voice was muted by the majority who voted "Yes".

At that time I had to think long and hard about my investment in GTCB to determine if I was going to stay long or take my losses, and since at that time I had suffered a 90% loss, the damage was already done. So in my mind, what does it matter if I loose the remaining 10%.

Today, I am still treading water with about a 90% loss. Not much different than 8 months ago. 8 Months from now, I may be at a 100% loss.





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