Jurek,

Interesting analogy.

I myself have been a huge proponent of the "hold until you turn blue in the face" theory, and "if you don't sell, you don't lose."

However, I sold a few shares (well, 10k) through ET just before the close (which I should have sold earlier in the day) which I have held for more than three years. Still at a profit, but barely. And considering where they sat four weeks ago, it was a kick in the ass.

However, I have to say that the short interest outstanding is piquing my curiousity. I just don't feel comfortable with it. In fact, you could say that I'm intrigued. One thing I do believe is that the market knows more than I do. And "the market" does not consist of retail fools like I.

I don't know why, but today, I got a gut feeling that the SP could be pushed down to well under a dollar in a fast, concerted effort. I could sit all day hitting refresh and watching the price and the volumes, and still miss out on the real fun. However, I have a feeling that the real volumes will tell the story. I hope that I can repurchase that 10k at a point that alleviates a tiny bit of the pain of the past few weeks. I'm looking for mid-afternoon volumes of at least 4.5m, or of 2 million in sixty minutes, before I consider it to be a true buy signal.

And furthermore, I'm not entirely convinced that all of the shorters aren't in over their heads too.

It's a crazy world we live in. And thankfully, there's more to life than money.