Re: Why stick with CLL?
in response to
by
posted on
Apr 11, 2009 05:46AM
Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta
I suspect many of us stick with CLL for 1 of 2 reasons.
1. - We bought into the CLL story. RG and CLL are kind of like the Rocky movies made by Sylvestor Stallone - we see a chance for the little guy to beat the big guys at their own game. Despite recent evidence, we are still clinging to our hopes.
2. - We can't convince ourselves to sell. Many investors bought into CLL at much higher prices. If we sell, we will be forced to take a substantial loss. For many, it is easier to pretend that we have not suffered a loss, merely a delay in receiving the big profits.
I'm afraid both apply to me.
"Hope is what is left after reality bursts the bubble of greed"
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