Thread: A Sad Tale
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Old 11-27-2001, 03:12 AM
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Default Re: A Sad Tale



I agree totally. I'm half tempted to tell him if he wants to gamble $2000 I can show him a lot of ways that have better odds than the odds of this stock price recovering. I probably should do this. I'm not sure I understand why an otherwise rational and intelligent person would do this. He doesn't gamble on anything else and he looked at his original purchase as an investment. He's one of the friends I made when I was spending a lot of time in Tulsa. I remember when he bought it in 1999. I never had any idea he was continually pumping money into this loser until he told me this summer he was down $20,000 grand on it and has proceeded to lose another $5000 since then. I do know if he wanted to gamble up $22,000 I could have shown him how to get a lot better run for his money than he's gotten so far.
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