Given that Novastar Financial was down by almost 97 percent for 2007, why did some investors hold

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Given that Novastar Financial was down by almost 97 percent for 2007, why did some investors hold the stock? Why didn’t they sell out before the price declined so sharply?

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Related Book For  answer-question

Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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