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<p>[QUOTE="medoraman, post: 1988667, member: 26302"]They lost the money the second the market went down. The mentality they won't "lose" money until they sell is an erroneous one, but common nonetheless. If they were concerned with the risk, they should have hedged.</p><p><br /></p><p>I agree with everything in yoru post Bkozak. I also agree the exact same post could have been written in 1983. Our industry has not changed much.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1988667, member: 26302"]They lost the money the second the market went down. The mentality they won't "lose" money until they sell is an erroneous one, but common nonetheless. If they were concerned with the risk, they should have hedged. I agree with everything in yoru post Bkozak. I also agree the exact same post could have been written in 1983. Our industry has not changed much.[/QUOTE]
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