Originally Posted by
blackcap
Shareholders too should not let emotion get in the way of a fair offer. If I have paid $1m for a house, the housing market crashes and now its valued at 500k. If someone came and offered me $600k I would be foolish not to take it. But since I paid $1m for it I would say no? Don't think so. Past price, what people paid for a stock etc, should have no bearing on anything in the future. Granted, I know a lot of people foolishly cannot sell a stock at a loss and would continue holding.
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