MGT share price, page-7133

Tks.
stop loss are fine as long as there are buyers.
I well remember 1987, I wasn’t in the market (thank goodness), but a mate was. He had BHP with a stop loss. Problem was that day, the sellers were at $4 and there wasn’t a single buyer. Not even at 1 cent! It crashed straight through his stop loss. So he didn’t get hit and lost plenty.
granted, crashes are very infrequent, but 1987, 2000, 2009; we’re 12 years post the last one, so it’s not unreasonable we could see another one at any time. Particularly as the world hasn’t paid back any of the debt that caused 2009. Indeed, global debt has more than doubled since then ( a lazy $2,000 quadrillion). Covid has made It even worse.
personally I don’t think we’ll see a market crash in the next couple of years. But one never knows.
cheers,
ned.