Moneytree I think you are right to the point. Especially about stop losses.
new sharetraders often put a stop loss to prevent losing their hard earn money. Little do they know that stop loss doesn't work with stocks that have pricing in cents a 5% decrease can be a measly 2c down... which can be reversed intraday...
In fact , the 170k volume at the open 46c suggests it might be stop loss, as 46c just broke 5% from 48.5c
that then caused a few panic sells...
Just another normal day on the stock market I'll say
PVD Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held
