Abstract QUOTE "Stop loss strategies can prevent investors from holding their losing investments too long by automatically prompting the sales of losing investments. We examine the impacts of stop loss strategies on the return and risk of individual common stocks. Our results indicate that these strategies neither reduce nor increase investors’ losses relative to a buy-and-hold strategy once we extend security returns from past realizations to possible future paths. " UNQUOTE
LYC Price at posting:
55.0¢ Sentiment: None Disclosure: Not Held
