RE: trigger stop lossesCornerBuffet...
I don't think the SP is going anywhere remotely to $1.00 for any longer than 5 seconds...only in the "Plunge Protection Team's" dreams!...After the escapade the other day...where ACN's share price went from the $40 range to a penny...in a few minutes...all eyes will be on the manipulators...& their HFT computers & "fat fingers"!...However...saying all of this...I don't think stop losses are ever...a very good idea!...I never use stop losses...as long as there is a chance...for the "5 second" plunge to to occur...I will definitely not be one of the longs who will be stopped out...at any price!...I would suggest taking your stop losses off & either...sell at a higher price...or stay long...& wait until everything plays out for CRK!...The manipulators want your shares...& they may not stop triggering the stop losses or walking down the SP after the close!...
Bag Of Gold