Grupo Resilient International Inc (GRUI)

[8eights]

regarding stop losses: For every situation that would save money using a stop loss there are a hundred where it would cost you money. If you do not know that, you have not traded very long, or you are not paying attention to one of the best ways to make money in the market in one day. Market Makers know exactly where stop losses are parked and how many there are. They know exactly what it will take to steal your shares by dipping the price long enough to trigger those stop loss orders. Investors who know their stock, and are confident that there are no fundamental reasons for a the drop join in on the buying, it does not last long and MMs are stingy, usually you have to offer higher than the ask is showing to get filled. The big losers are those with stop losses, and of course those who are watching and out of fear sell. In penny stocks the weak hands are taken out this way, with or without stop losses.
This is a common happening. If you owned a stock that got bad news and sold off immediately your stop loss will save you some money and in some cases a lot of money. But for every one of those events the are a hundred of the other, and I do not think I am exaggerating those numbers.
Good Fortune!