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OK. Obviously we are not in agreement and

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fung_derf Member Level  Thursday, 02/27/20 02:01:51 PM
Re: conix post# 29320
Post # of 33491 
OK. Obviously we are not in agreement and that's OK. At least you are civil about it.
I would suggest never entering a stop loss on a thinly traded stock as market makers will almost surely take them out then rise back up. It is possible people had these in place, although based on the posters here who claim they will never sell, that would be a bit contradictory.
Anyway, we will see, but I would expect in the next quarter you'll find the institutional guys dumped out yesterday.
As for me, I sell that which breaks my support levels no matter what it is, (ok, unless I've had it so long the tax gains would be huge), but I try my best to stay unemotional when investing. I can look at the stocks I own and get ticked over how a CEO is managing it and take that as a signal to get out. It is downright silly to get defensive about a stock.

Just my opinion, of course.
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