RE:RE:RE:RE:RE:RE:When do you guys think we should get out?! FD, setting a stop loss is just an incentive for the short interests to 'manage' the price to trigger like a snowball becomes an avalanche. Stop loss trigger does not guarantee a sell at that price, but rather a market order to sell, which in an avalanche can mean lower. Look what happened last Thursday. Made it look like capitulation. Stop losses + fear + profit taking = down hard. Yes, IMO stop losses are like shark bait. DON'T FEED THE SHARKS!
fdfd12 wrote: Stop losses are the shorties???
Sunny please...
I rememeber I owned Timminco in 2008. I had bought it at $3.
Went up to $35. Stock started to stall. I said breaks $30 sell half and breaks
$25 sell other half.
This is an emergency exit.
I POSTED THIS ON their BULLETIN BOARD.
They all laughed at me like you guys are.
Well it hit $30 and $25 and $0.
You guys know how to play offense but not DEFENSE.
If you don't have a stop loss at least at $25, do you think
there really is a buyout if the stock hits that price?
sunshine7 wrote: Stop losses are the shorties best friend. Seen it many times with a manipulated share price. They see a pile of cheap shares and its like flies on SH!t.