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xtremezz

01/10/12 4:05 PM

#53713 RE: jt6455 #53700

I recall as a newbie how I used stop losses on biotech stocks. The games played there are sometimes more vicious than here in pinkyland: big drop, scoop people's shares once the SL has been triggered and pull the stock higher than before. You sell for a measly profit while the stock jumps say 20%.

Hard lessons are not easily forgotten.