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Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

GREY:WFEMF - Post Discussion

Woulfe Mining Corp > Stop Loss
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Post by Markidesad on Mar 17, 2014 1:46pm

Stop Loss

I usualy make a mental stop loss about 10-12%. But in this case I think I will grant some more credit to my investment, it can't go that bad. If Dundee, Korea Zink a.o. stay in business, why not keep it up with the big boys ?
Marki
Comment by GaiusOctavius on Mar 17, 2014 5:35pm
Do NOT use a stop loss on WOF or WFEMF. Market makers will steal every share you own if you're foolish enough to do that. As far as I know they can see your stop loss orders and will take out the smaller retail shareholders. I suggest canceling out all of your stop loss orders on Woulfe ASAP. The do just the opposite and put in sell orders above $2 or 3 price per share on all of your shares of ...more  
Comment by kilgor on Mar 17, 2014 8:30pm
Thank you for you comments GO..... I was beginning to suspect that someone is suppressing our share price as some share orders are very small and the return they would eventually get is very small. Also, the fact that only a few shares trade daily out of the total number of outstanding shares, one would expect greater share price swings on a regular basis but the share price is settling ...more  
Comment by Markidesad on Mar 18, 2014 5:28am
Thanks for your remark Gaius , but my brooker doesn't allow me to put a sell order way above the SP. My spread is very limited, so can't play that game ..... sorry. I'll just have to keep them :-))) I had enough trouble to buy them back on OTC after selling them on TSX ( CSE is off limits for me)  Marki
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