RE:RE:Moral of the story...nyquist wrote: My stop loss triggered at 10.97. Was that wrong?
What happened was the other 1000 people who had stop losses at just under $11. when they all get triggered..... guess what? all the lower bids start getting filled and it drops and drops and drops.... With a stock like this there are a lot of people with stop loss sells put in place, and it just snowballs into a big dump...