I didn't call them morons, however I do think it is moronic to hold a stock SIMPLY to defy the haters. Sometimes the haters are actually correct.
I've been saying the whole way down to look at donchian channels, RSI and stochastic indicators as well as the negative linear trend. This is driven by horrific technicals and mediocre to outright retarded decisions by management.
Ann: Quarterly Activities Report, page-50
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