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Post# of 345997
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spankyvol

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spankyvol

Re: revenue_monster post# 108177

Friday, 01/18/2013 11:16:20 AM

Friday, January 18, 2013 11:16:20 AM

Post# of 345997
Very far behind in reading posts.

This is concerning hard stop losses. My brother and I were in sonic solutions, SNIC NAZ, a DVD authoring software company. This was before DVDs work on computers.

We bought in in the three dollar range and it took years but sold at $25.

When sonic solutions started getting traction and some institutional buy-in it was around seven dollars. I had a stop loss in at $5.50.

One morning they took it down in the first 15 minutes from $7-$5 in 10 minutes. It was back $7.30 minutes later. Say the least I got burned. Watch out.
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