RE: "the investment philosophy of "if you have a lousy investment, make sure you hold onto it and complain as much as possible". Did you read that in a book? "
I haven't read such a philosophy, but niether have I read that you should bother to sell a piece of paper that's becomes virtually worthless. It's just human nature to hold onto that piece of paper, that once looked so promising. And investors have the right to bitch about all the things that are wrong with those who are responsible for the investment's failure. The ranting has no impact on the world and no one has to listen. It's an act of frustration. I hope they get over it soon, but I understand.