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Wednesday, 02/10/2010 6:28:21 PM

Wednesday, February 10, 2010 6:28:21 PM

Post# of 171
This relates to all investors who just cannot LET GO of a poor performing stock....

Posted by REELTIMER

You ask "To what end?" He feels he has no choice. It is the "Monkey Nuts" story. If you don't know it, allow me to tell it. It is a story about why people hang on when there is no hope.

In WWII, there was an atrocity called the Bataan Death March. GIs were marched through the jungle, provided with almost no food. Soldiers were starving and dying. Then, one plucky corporal discovered that he could take a couple of nuts and put them in a milk bottle with a string around the neck. He threw the bottle into the jungle, and a monkey would put his hand in the bottle, to get those nuts. But once he had his hand around the nuts, he found that he couldn't get his hand out without dropping those nuts, and he couldn't find the will within himself to let go of his meal. Then the corporal would pull in the string, and eat the monkey.

IMO Jim Green is in that situation. He borrowed a couple hundred thousand dollars and put it into the Reeltime bottle. Now he wants them back. But deadlines loom. More money must be spent before the string is pulled in on him, but he can't let those nuts go.

Sometimes I have thought that I was the monkey, who would be devoured because I would not let go of my RLTR nuts. But I have not done that, at least not yet, since I still see light at the end of the tunnel. But Jimmie must let go of those nuts now, before we all get devoured by those ravenous GIs, and that light at the end of the tunnel gets extinguished.

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