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Frayed Knot

07/13/17 12:57 PM

#48962 RE: AnimalSpirit #48960

Why is it "terrible time to sell" ?

Doesn't seem like it to me, not with the way this thing has been handled.

Dead money at best, more likely for more money to go down the drain.

Sunk Cost Fallacy comes to mind when I think of ORRV.

The Sunk Cost Fallacy. The Misconception: You make rational decisions based on the future value of objects, investments and experiences. The Truth: Your decisions are tainted by the emotional investments you accumulate, and the more you invest in something the harder it becomes to abandon it.





AXE_EVERYTHING

07/13/17 1:26 PM

#48968 RE: AnimalSpirit #48960

yes, agreed, but some are scared, and they sell - and smart money KNOWs how to BUT THE FEAR

Dklosinski

07/13/17 3:49 PM

#48972 RE: AnimalSpirit #48960

Wait a few more weeks and they will regret