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Jake bought stock in a company several months ago and he has seen it lose value ever since then the stock is now worth less
Jake bought stock in a company several months ago and he has seen it lose value ever since then the stock is now worth less than half of what he paid for it but he doesn't want to sell it now and except the loss he'd rather hold onto it hoping that the stock will recover even though he knows it is unlikely this is an example of
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