Replies to post #232234 on Elite Pharmaceuticals Inc (ELTP)

[Couch]

Yeah nothing like losing your shares on no news to MMs coordinating a bear raid via seeing stop losses. That never happens on the OTC. Stop losses on the OTC - surest way to lose your shares.

[rocioyogi]

Stop loss is terrible idea marketmakers can see them they drive the price down exercise your stop loss price get you out of the stock and an hour later shoot the price back up and it's too late to get back in unless you want to pay more for the stock that you just sold