Mike, usually when us longs get the investment thesis wrong we have very little options, and most end up being bag holders. This crazy bounce from the teens to over .50 has been a blessing to many.
Even if longs didn't add more at bargain prices to recoup any/most/all losses over the last year or so, they still now can escape from overweighted positions.
This has been a crazy ride to say the least. I still wish the best for Doug & Co. but I sleep better at night now knowing this wasn't a major debacle from a ROI perspective and my holdings have been reduced to a fraction of my previous position.
Best to all in MARA-land.
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