Pip Asked, Why I talk about stop lossesDear Pip,
To answer you question of, Why do I talk about stop losses?
Okay, let say that Rapid's post about Tracy saying that Ucore will put out a new video on Monday is correct and Ucore put out a video about new funding from DOD or OEMs.
You have been around long enough to know that it is going to push up the stock price. How much depends on the funding. If it is a little funding like 10 million then we might get a stock price of .75 to a dollar. It is not much but it shows movement. Now if it is a major funding like 25 to 45 million then we are looking at a 1 to 3 range. My guess. Full funding from DOD or EOM then we could be looking at a run up to a spike. How far up depends on people doing the run. How greedey they are.
If something like that happens then we the people that have been following Ucore need to be ready to take advanage or that run up with stop losses. Following stop losses if your broker offers them. That is why I talk about stop losses.
Dragon