More on the UEC take over / buyout scenario., page-2

  1. pj
    2,090 Posts.
    Hi Stocko,

    I am interested in the implied security of all those buyers at 11.5c as a 4% stop loss from your 12c purchase price.

    Given that you think 11.5 may well be hit during the tax loss selling (in fact there were sales at 11.5c on Friday), how exactly do you intend to apply the stop loss - I am only saying this as I am interested in the practical application of stop losses, something I am not very good at myself.

    So, since you are hoping to limit your losses to 11.5c at exactly what stage do you plan to execute the order.


    pj
 
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