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General Discussions, page-27738

  1. 327 Posts.
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    Does anyone know where 'stop losses' sit in the que? I imagine there were a few 'stop losses' set at 10c as it would be seen as a bit of a psychological barrier to some. I was wondering if all 'stop losses' sit at the back of the que for that price (i.e. 10c) and they weren't being hit, but once the first one finally is reached then they all fall like dominos. That could explain why 10c fell so dramatically. I guess that then triggered some panic selling from others. There was then a bit of a rally back to 9.9c, which might have maybe been some who got 'stop lossed' out buying back in. Then in the auction maybe some more panic sellers selling out so they didn't risk a nasty surprise tomorrow. It's just a thought, but I don't know if that's what happened at all. That's just one of a few possible theories. See what tomorrow brings I guess. Good luck all!
 
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