ole vern, Why do you paint thing in such black and white terms?
No one said you were stupid, (unless that is a self assessment.)
Many loyal and well meaning investors held through the RS, they did it with eyes wide open and with the best of expectations, there was no 'stupidity' involved. I have nothing but respect for all of them.
What I object to, is the constant and continuous mantra that suggests that the long term investors who held through that split will somehow be rewarded for it. They won't. That money is long gone, lost, and will never be recovered.
The same presplit positions, held by anyone who endured it, can be obtained today for pennies in the dollar. The monetary difference between that spent to obtain the original position and the money required to obtain a similar position today, is lost money. it's as simple as that, it is money down the drain. Any rationalization that suggests otherwise is a lie.
regards,
frog
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