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567tbd

04/05/12 12:55 PM

#6109 RE: XNRGI2008 #6108

Sell stop loss. And MMs usually take a stock down to get the shares from the stops. Then when news comes out they resell them at the higher price.

567

GL

An order placed with a broker to sell a security when it reaches a certain price. A stop-loss order is designed to limit an investor's loss on a security position.


JMO But I never use stop losses