There's been lots of folks selling large holdings. Most of the folks I know that were going to sell, have sold. I'd rather take the complete tax loss at the current level than sell to preserve the bit I have left. I need to preserve capital but I also need the tax write-off...so I sit tight for now. Do have a couple GTC orders in though...
One thing confuses me. Seemingly trustworthy long-term posters (level headed folks that never came off as manipulators anyway) are calling the company and reporting conflicting stories. Either the posters are lying or the company is lying. Wonder if this is an organized take down by some folks on the Bayou?
I continue to sit in a state of confusion over the recent few days.
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