RLT 2.27% 90.0¢ renergen limited

Ann: Preliminary Final Report, page-74

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  1. 602 Posts.
    lightbulb Created with Sketch. 92
    While I agree in principle, I disagree about stop losses. ANY company can tank - even blue chips.

    RLT is great, but still speculative, and fragile due to it currently being a small company.

    Stop losses are a guard against bad news. What we are seeing here is SP slipping on low volume, the fundamentals have not changed from when it was at 52wk high. On that basis I have been adjusting my stop losses as the SP has been slipping, on the rare chance that an announcement comes out saying Stefano has been runover by a bus for example. I would suggest others do the same as a general rule of thumb for investing on the stock market.

    Don't be like unknownsoldier who does not understand SP volatility and has a flippant attitude about stocks - hold firm, but be sensible
 
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