Ninja- your'e points are valid, however, I am not sure you can, especially without hindsite, be 100% sure Corr was using the company as a printing press. That is obvious now, but at what point was that absolutely clear? We can go back and look at each others posts to determine when we may have known that this was the case, but again thats hindsite. I am not arguing the case of only this stock. Your original question was why do people hold and/or ignore the facts when they are holding a loosing stock. My first post to you a few days ago was an attempt to answer the human nature part of why peole hold.
Also, if you notice most of my posts are neither bashing nor cheering. I do not base my decisions on people's posts on a board. The fact of the matter was, I liked the product and if the company was managed corectly I believe it would have been succesfull. There are lots of companies out there that survive despite their management. If you were to follow Lynch's point, and did your research on Corr, than buying this stock at any point would have been ridiculous. Buying any penny/sub penny stocks would be ridiculous for that matter, but we both know of persons who have made a ton of money trading these POS's. The key is trading them, not holding them.
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