RE:RE:RE:RE:BillThanks for the insight....I follow this board and others, been in on SCR from the Rogers aquisition days and before!
This may be a more complicated question than I think, and too much for the board, but curious, how do you determine what to set your stop loss at? do you do a trailing percentage? dollar amount?
I am playing with house money right now, I took my original capital out and 10% and am letting the rest ride, but I did almost sell at the $4.50 mark pre-split, with intentions of buying in, as I have been burned every time on reverse splits (even positive ones)....shoulda, coulda, woulda! damn! lol
anyway, still a significant profit, and still believe long term, just don't want to get burned......however, with SHOP I set a stop loss, and with it moving so much, the trigger hit on an opening, around 8% down, so all my shares sold, and when I got home (was travelling), it had closed up 15% or something and went straight up from there!
any tips on how you use the stop loss? thanks.