It touched the high for just a second, and it was only over 30 for an hour or two.. but in that time many millions of shares traded hands. I don't have numbers in front of my, but I believe 20-30 million shares traded hands over 30 cents.
Although we should factor all that stuff out... tough not to. I don't want to sell for less than 30 cents because it means admitting I was wrong :)
Now... obviously I was 'wrong' in the sense that of course I wish I'd sold.. i could have bought back a bunch more today... but over the long-term it's even more meaningful. It's a fallacy for sure, but I'd rather hold and lose on paper than sell and truly lose.
Hopefully we don't have to worry about that too much. Either nothing good ever happens and we never get close, or lots of good things happen and we catapult well beyond that.
GLTA
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