I don't use Stop Losses for the precise reasons you stated HtSydney.
The manipulation is borderline criminal. However looking at it another way, if the instos can be bothered to manipulate your stock to keep the prices down, you can be assured that when it finally runs, it will run like a bull.
The problem is remaining calm, as traders will come into the forum and try to rattle LT holders. I've seen it time and again. The other problem is to watch for any sign that the fundamentals have changed on your stock, and be prepared to exit if they have. Not having Stop losses can make you inert.
In any case I am not currently a holder of LYC, but will certainly buy back in depending on access to funds.
IMO.
I don't use Stop Losses for the precise reasons you stated...
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Last
$7.77 |
Change
0.020(0.26%) |
Mkt cap ! $7.262B | |||
| Open | High | Low | Value | Volume |
| $7.75 | $7.81 | $7.70 | $9.060M | 1.166M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5751 | $7.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 6522 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |