I have bought some really bad investments - most of which I still own. Fortunately, I have been lucky enough to acquire enough of offsetting postions to feel ok about my results since Septmeber of 2008. I don't write often on the mesage boards although I read most messagess about stocks I own every night.
This aboard is unique in the sense that the overwhelming number of messages are negative. Most boards have loyal buyers and an equal number of shorters. That scares the hell out of me. It is clear that SHLD is headed for Rite Aid status but who knows what Eddie has up his sleeve. We do know that the SEC will never protect the small investor in any kind of proactive way.
I would be a huge short seller except that I have no trust that the SEC would uncover fraud before it was too late.