Bullboard - Stock Discussion Forum MCS Steel Non-Voting DR MSTUF

M.C.S. Steel Public Company Limited is a Thailand-based steel fabricating company. The principal activities of the Company and its subsidiaries are production and distribution of structural steel products for building construction, and residential development projects for sale. It is a large steel structure manufacturer, especially steel beams and columns for the construction of large high-rise... see more

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MCS Steel Non-Voting DR > Usiing "Buy on Stop" Strategy

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Post by uchuck on Jul 31, 2016 9:34am

Usiing "Buy on Stop" Strategy

For those not familiar with this technique, I put in a "bid to buy" (additional shares) stop price at $20.70, luckily,I guess the McCreath accolade "made me buy it." If the price never would have reached that level, I would have lost nothing. Earnings out Thursday, Aug,.11th, that calls for an entirely different set of "stop" strategies...

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