Replies to post #143723 on NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

On the journey from $12 to .16, people had very many days of observation of trading patterns to make a decision about whether to sell or not. A stop-loss order would not have been a rational way to make that decision over those many months. You decide to sell at the best price possible or not. PERIOD. The stock movement was during trading hours every single day. The notion that a stop loss order has anything to do with this particular analysis, is flawed.

[beachhyena]

My point regards not needing to use stop losses if you are keeping a close eye on the stock price and other activities concerning the markets in general. The only time I employ stop losses is if I am away on vacation and not able to follow the market. Regarding MM's on a rising stock price it is a known strategy that they will employ pullbacks to sponge up shares with stop losses. There is little point employing a stop loss when we are this close to news and once it breaks make sure you remove all stop losses as pullbacks will guarantee you losing positions. I am pretty sure most people on this board will be watching for news daily and hopefully the only issue we have over the coming month's / years is when to take profits.