Not all sellers are crazy.
Some caught up by margin calls; I was on a 50% margin loan and thought I was home and hosed.
Accumulating since 2003 and then bought a large parcel on margin when it dropped to 85c (great bargain, first shipment away on time, etc.)
today closed out a large position due to a margin call, definitely not wanting to sell.Hurting.
Also holding big position in OZL accumulated since 2001 plus some bought in the $2.70's on 50% margin, still hurting; not whingeing because this is the stock market and I am now learning more lessons:
. no more buy and hold
. look at shorting shares appropriately
. look at trading rather than "investing"
Thanks Jahar
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