Interesting blog!
Congrats on the house being 'back in black'

The house yes.. but not all investors.
An interesting effect of investment dilution is that some investors who were in profit last time the site was at +1550 - are now in a loss once it's back up to +1550.
These investors were being rational in sticking it out - (because the site's luck at any point isn't dependent on what happened just before), but they lost out to investors who subscribe to a form of 'gamblers fallacy' and were 'lucky' enough to be less invested during the downside.
Are you sure this is what actually happened? Is this the case for your investment?
I'm doubtful for two reasons:
- I had increased (more than doubled) my investment just before the site took that huge dip; as a result, I had a loss of 10% at the lowest point.
I didn't divest, and now I'm againt at a profit (though smaller than before the dip)
- There was a big wave of divestments (approx 30%) on the way down, in particular when the house was already in the negative - and not
on the top of the profits as you suggest
I'm sure some investors are still in the negative, but I don't think these are those that were just sticking it out as you suggest.
I'm in the same boat as julz. I invested just before cici at about +1600 site profit, I stuck it out through the swings, and am currently still -7 profit. I figure the site needs to get to about 2700 profit for me to break even on investment.