re: paul100 re grant SB
As I actually understand the stock I dont have a trailing stop loss. I am a long term investor.
The stock wont fall 40 cents tomorrow unless I sell it down to flush out some weak holders to purchase their stock at lower level.
The stock could easily fall back to 3.50 at some stage or it could rise . But over the next year the price will rise and that is all I care about.
My 50% capitals gains tax concession is worth much more than any incremental profit one might make by trading the stock.
You probably dont worry about a 50% capital gains tax concession. You have to make profits first
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