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Re: Rocket Rider post# 86592

Friday, 08/20/2010 10:17:51 AM

Friday, August 20, 2010 10:17:51 AM

Post# of 165875
I believe this is what happened. What is a typical stop loss? About 15%? I can't imagine setting a stop loss on a pink sheet, as the price is often easily manipulated. I believe this is nothing more than a head fake. We have an NI report due out any day now, could even be today. It seems like someone saw an opportunity to attack a stop loss and get some shares on the cheap. Just trying to mess with people's emotions and shake out some weak holders in the process. I don't know about short covering, but I do tend to believe it was a stop loss that got destroyed. Ought to be a lesson to anyone not to put a stop loss on a pink.



It's all IMO

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