I thought that after 12 years of getting smashed these draw downs would get easier. This one seems like it has been particularly different and that long term holders are getting a very raw deal and throwing in the towel. Don't get me wrong, the Nasdaq IPO is good news and is defiantly needed, however stomaching a further 50% SP loss in a month just makes it much harder to make any kind of profit years down the track. A months ago, a 5X SP would have made a lot of people satisfied with the pain endured over the years and that has turned into a 10X required in just a few weeks. Hopefully this feeling of capitulation is what we need to move on. Still holding, for some reason just can't give up on the big picture.
AVR Price at posting:
$9.85 Sentiment: Hold Disclosure: Held
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