No stop losses? Hold and hope strategy? Sounds like a plan. Frank likes holders like you.
My short position stop loss is set at a trailing 3 times 22 day ATR. That same stop loss got me out of being long MNS a long time ago for a good profit. That was long before management lost the plot.
Lets hope that the acquisition isn’t in some far flung middle eastern country.
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No stop losses? Hold and hope strategy? Sounds like a plan....
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