a lot of times, there are several restrictions and penalties for selling out of stock like that, but it's a case by case thing. Either way, i'm 90% sure most people just thought, "Eh, it's a cycle, the stock will come back up, the company has been in business for 70+ years, i'm sure they know what they are doing" or "eh, they are the largest, they will be fine"
I'm looking at wachovia....
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Chris
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