Grupo Resilient International Inc (GRUI)

[connor26]

i think the other factor is how much money you are dealing with and how much you can afford to lose

if you put $25,000 into this stock and can't afford to lose it you better have a stop in place (somewhere, not necessarily at 7-8-9% on a penny - maybe 20%)

if you have $5000 into HISC but are trading $150,000 portfolio then sure the heck with a stop and you can afford to lose it - tuck it away and check it in 6 months (not my style)

and i don't mean to be arguementative, but i think stops are more important if you "are away from the action" - if you can sit at the computer screen all day and know what is going on and react accordingly then less need for a stop - again just my trading style - i don't like waiting months for my stock to recover to my purchase price - i can use that time and money to make it back somewhere else (probably not on a penny stock though)

at least we one thing in common - GO HISC!