Replies to post #268010 on Plastic2Oil Inc (PTOI)

[arvitar]

JBII (Blue Line) has undergone an 98% haircut during the same time that the stock markets (Red Line) have enjoyed a record bull run.

This means that those who have bought-and-held JBII have suffered a double loss:

- 1) the 98% loss in the value of their investment, and

- 2) the opportunity-cost of having their money tied up in a money-losing POS rather than participating in the bull run.


"Averaging down" while JBII has dropped 98% has resulted in a much greater absolute loss of wealth, as well as a greater opportunity-cost, for the individuals who pursued that ill-advised strategy.