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Re: Netman post# 19173

Sunday, 02/22/2009 6:02:30 PM

Sunday, February 22, 2009 6:02:30 PM

Post# of 19383
I can give you an example of when I have sold on an upswing on a loser stock, in the process accepting a loss. I believe this is what you are referring to below with your statement:

(your capital Gain calculations on a LOSS post [LOL]

I think you are talking about this post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32303193

Well I used this to perfection March/April in the case of AirIQ (IQ), which trades on the Venture exchange here, or maybe it is the TSX. Check out the illuminating chart below:



I got out of a situation where I was down several thousand dollars and accepted a $300 loss. Not bad.. I would say.. The thing went up on some news that had no LR impact, I sold the damn thing and moved on. It is a good strategy. Look where it is now...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y