Ann: Mernova Update, page-11

It's really quite amazing to watch this company literally lose more than 90% of its share price over several years, with holders constantly saying the bears are stupid through the entire process.

For many holders, there is no price low enough to convince them that there is a problem. And I guarantee, for some, even when the company goes into administration, it will still not be enough to convince them that they made a mistake or that there was any way to see it coming before it happened and it was still worth investing. Some people just can not change their mind, no matter how much contradiction to their beliefs reality provides them with.

As for this meme... if anyone is being continuously tortured, it's holders, not the bears, but the difference is that holders are hanging in there for the punishment voluntarily.