I believe Jens and Maja are allowing their personal circumstances to heavily influence their perspective. They’ve both indicated a strong desire to exit and have faced challenges largely driven by financial pressures.
They’re baby boomers who purchased at much lower prices and in significant volume, and now they’re looking to retire. I understand their position truly, I do. I also bought in at a relatively low price, but being younger, I’m more comfortable riding this out in pursuit of a stronger long-term return and with greater tolerance for risk.
I suspect many others are in a similar situation younger investors who have already sacrificed a lot in terms of starting families or entering the housing market. While I respect the challenges faced by older holders, I find it difficult to sympathize with those who took on concentrated risk so close to retirement. After having lived through the strongest decades of Western growth in history, you had your chance to take on risk while young, your generation have cultivated ridiculous wealth while holding the ladder, now let me get a step on.
I don't believe that's true, but lets just say it is for the sake of argument.
You believe that accepting maybe $1 or $1.50 is a mistake because if we wait longer, we can get more.
And these SH just want whatever we can get now because they're old.
Have you considered that they realise it's the best forseable outcome right now?
Have you not see the depths of corruption the DRC will go to?
If we say no to the USA, who exactly is going to come save us? We will again be alone on the DRC with them wanting us dead and buried.
If the USA walk away, I don't know what people are dreaming about? You think waiting 10 Years to get maybe a few cents on the dollar is better?
Baffling, and I blame to $12 folks who have set completely unreasonable expectations.
