Posted On: 07/22/2014 12:31:50 PM
Post# of 4205
Yes and if someone set it at over 20% it would have went off
The stock opened at .078, so if someone put in a stop loss of sell at over 20% or at 20% decrease! That means that their shares were sold at .0624 was 20% so over would be .062!!
Now no one should now where these stop losses are, but there are common amounts that people use!
And they are used by people in penny stocks, so that they can get out and not lose everything
The same happens with gains, people put in sale orders after say 20% gain, which they equally can get killed if the stock announces a 50% buyback and the stock more then doubles, they will make 20%!!!
It is Criminal ad I see the Company and Some Heavy investor's growing more and more pissed!
$31000 was the price for 500,000 shares paid today at .062
This person just lost a lot of money!!
The stock opened at .078, so if someone put in a stop loss of sell at over 20% or at 20% decrease! That means that their shares were sold at .0624 was 20% so over would be .062!!
Now no one should now where these stop losses are, but there are common amounts that people use!
And they are used by people in penny stocks, so that they can get out and not lose everything
The same happens with gains, people put in sale orders after say 20% gain, which they equally can get killed if the stock announces a 50% buyback and the stock more then doubles, they will make 20%!!!
It is Criminal ad I see the Company and Some Heavy investor's growing more and more pissed!
$31000 was the price for 500,000 shares paid today at .062
This person just lost a lot of money!!
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