RE:RE:RE:RE:RE:Stop Loss Hunting58k shares taken out at $8.01 on the offer on the way back up, that were originally stop loss limit orders that got converted into sell limit orders when on the way down.
STOP LOSS LIMIT ORDERS serve no purpose for the retailer placing them, and all the purpose to have their shares STOLEN by hedge funds. Shocks me the stupidity of people using them.
Sugaree wrote: They took it just below $8.00 and got a lot, but then saw 27k shares all alone at $7.90 and scopped them up. Now 7.84, how low will they hunt them down, before reversing and taking all the converted stop loss limit orders that have already been converted into limit orders??
Sugaree wrote: "A stop loss hunting we will go" is what the hedge funds are doinmg this morning. "where is that wascally wabbit"
NEVER EVER USE STOP LOSS LIMIT ORDERS. THEY ARE A HEDGE FUND SCAM.
Sugaree wrote: Almost faster than i could get out the explanation below, Boomchuckalucka, all 95k snapped up!
Sugaree wrote: Stock dropped on less than 30k to $6.52 where 132k shares were scooped up from stop loss orders. Now, on the way back up there is now 95k offered at $6.65. These shares were originally stop loss limit orders that got triggered into limit sell orders on the way down. Make no mistake, the hedge fund that perpetrated this shake out will be buying up all those shares in short order today.
Sugaree wrote: I have exclaimed this many times before on here. Today is no different. Yesterday, it took very little volume (520k) the entire day to rise NVA 39 cents because no shares for sale. By 10am today we are down 15 cents on 220k volume. $tupid, $tupid retail investors with stop loss limit orders getting their shares stolen, before it simply rises back up.
NEVER EVER USE STOP LOSS LIMIT ORDERS. THEY ARE A SCAM.
https://www.investopedia.com/terms/s/stophunting.asp