Replies to post #98085 on RCC Holdings Corp fka RCCH

[frogdreaming]

That is another misconception.

I have not lost anything. And if I sold today, I would only be out the brokerage fees.

Assuming you can get out (global lock and all) you have still lost more than the brokerage fees, even if you bought all your shares at .0001.

There is an opportunity cost associated with any timeframe that money is tied up in an illiquid state.
For every penny that is tied to a stagnant investment there is a more viable investment that could be realized. Even if the alternative is a low level savings account, the interest that penny could have earned is 'lost' money.

While the numbers may be small the loss is real nonetheless. Another consideration is the risk/reward calculation. Clearly the reward side is virtually nonexistent while the risk side is increasing exponentially. Given the increasing difficulties in even trading this stock, global lock, intermittent bid, etc. the chances of avoiding a total loss of investment are diminishing steadily.

So the losses are easily measurable for those who bought in above the current pps in the past, they are increasing steadily for those who bought in the present at current prices and they are foreseeable for those who continue to hold into the future.

Pretty much no win all around.