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weazelboy

01/22/14 9:39 AM

#513 RE: oldberkeley #512

Funny...but true!

The action in the first 2 minutes this morning is indicative of the trading in this stock. Opens at $5.80...pops to $6.04...and then immediately gets slammed by taking out all the trailing stop losses within 6% to $5.65.

Outside of having one in on Thursday last week (which in hindsight would have been a wise move)...trailing stop losses on this stock are a certain way to lose money!