SYA 2.70% 3.6¢ sayona mining limited

I'm not wrong about 10c trigging an avalanche of stop losses...

  1. 995 Posts.
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    I'm not wrong about 10c trigging an avalanche of stop losses @Stuman1. Then removal from the asx200 will force index funds to sell everything. It's doesn't matter if it's at a loss as the replacement should be near the same value. You guys arguing why would they sell at a loss, it doesn't matter. They only track the index. Other fund mangers have different sorts of mandates but will probably dump their holdings too and replace sya with the new entrants. Seen it a million times. It's reality.

    You can criticize me all you want but I'm not wrong about 10c getting hit very soon. They didn't do all this work to get it so close to let it turn around. IGNORING reality wont make the problem go away. Reality does not care if you IGNORE it hahahaha IGNORE!!!
 
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