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Roundsole

476 Posts.

59

02/10/22

20:16

Post #: 63990332
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Originally posted by FoundWanting: ↑

Did I claim I didn't? I also would point you to the line "I have no regrets" and "I'm not sure I actually want to blame management", which I honestly mean.

I agree in some situations stop losses are better in some situations as opposed to others. Here the rational was that they either get a deal or they don't. If they do then yipee, but I wasn't fully convinced. The return on them getting financing was worth the risk of them not getting financing so I bought in.

Poppy, stop losses are best used in binary outcomes like this. I don't like them for stocks that have long time horizons where market forces with little to do with the company can cause problems (think a financed project that may have a delay due to supply problems)

In for $5,000 at 38c, out at 30. Was in the green for a while but got greedy/ wanted to see it through to the end.

I think it's important to note the relatively small buy in which is because of the high risk I acknowledged going in.

If I am wrong on Monday I promise I will be here congratulating holders.

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What sort of deal would have to happen for you to be “congratulating holders”

DNK Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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