Buying stocks based on what you read in a newspaper, just like following a tipster, does not always work out. Yes it's a shame as I was building my position (10,000 shares) that the price re-traced just under 20%... very quickly, like about a week. No I don't use stop losses but if I did I'm sure they would be triggered. At the time I wasn't that happy with the way the stock prices seemed to rise (and then mysteriously fall) . Plenty of other good buys at the time that we still hold. XRO which has put $7 a share on in the same time.
Often the shares you tip out can go on to perform very well. It's not possible to own everything. I do tend to look at capital losses and capital gains. If a stock is trailing the rest, it's often said the "first loss is the best loss". Or perhaps you can tread water by reading HC posts. In ideal world I prefer to let my profits run. But on a newly owned stock a drop of just under 20% in a week did not inspire confidence in this case.
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$4.90 |
Change
-0.250(4.85%) |
Mkt cap ! $491.7M |
Open | High | Low | Value | Volume |
$5.17 | $5.18 | $4.87 | $4.382M | 879.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 385 | $4.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.93 | 3000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 385 | 4.880 |
4 | 3554 | 4.870 |
3 | 4563 | 4.860 |
7 | 15413 | 4.850 |
1 | 3063 | 4.840 |
Price($) | Vol. | No. |
---|---|---|
4.930 | 3000 | 1 |
4.940 | 3063 | 1 |
4.950 | 4056 | 2 |
4.960 | 11785 | 5 |
4.970 | 3063 | 1 |
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