ASX Today, page-4558

I was reading one of Mickey Masters posts on LSE last night. He'd done some reading about Short Term trading and how people should cut their losses quickly when dealing with Speccy's. Something like if a stock drops by more than 10% then there's a 90% chance it's gonna keep going. It was on the topic of setting Stop Losses.
Thinking about it though, it all comes down to how well you know the company, the trading cycles it goes through. After what we've seen with this one, if it edged back down to 3.9 in the next few weeks, it really wouldn't ruffle too many feathers.
I guess it's one thing to have a set of hard rules to adhere to if you're trading 20 speccy's at a time to pay bills and feed the kids, but another when we in it for the long haul and are monitoring every single bit of information that is printed or posted about our company no matter how obscure the relation it is to it.
I reckon if DW took his dog to the Vet, there'd be a discussion on one of the two boards about it.