I've seen it happen a million times, to me and those around me on and offline. It's not pretty. The victim a) blames everybody but himself for the misstep, but b) secretly regrets not taking some money off of the table when it looked like the dumbest possible move.
At the time, maybe it was, but fortunes change fast in tech as well as the stock market.
At the time of publication, the author held no position in any of the stocks mentioned in this article.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.