Reply #11: I'm sorry to hear about your losses. They are akin, I suppose, to

[coalition_unwilling]

those who bought shares in banks at their height (thinking banks were conservative investments), only to see their shares collapse. Has to be heart-breaking, no matter how one slices it. Kudos to you though for continuing to exercise your shareholder rights.

I mentioned your post to my wife and she, the eternal optimist, said, "But if the DUer continues to hold his shares, they may eventually go back to where they were." Her point by extension was that shareholders in other industries and companies were not fortunate enough to have the government prevent an entire default of their positions.

FWIW, back in 2000, I bought shares of Cisco after it had declined from over $100/share to $60/share. I thought I was the JP Morgan of my age only to discover, to my dismay, that Cisco would continue declining to below $20/share, thereby illustrating for me the old adage that 'A fool and his money are soon parted.'