VPG 0.00% $1.79 vodafone group plc.

offer sounds good to me

  1. KEM
    20 Posts.
    Hey guys, those of you (non institutional) players who are sitting on marginal gains or losses from this offer only have yourselves to blame for not employing basic risk mangement and technical analysis. A basic stop loss would have got you out of a falling stock early on, expecially as it passed through a support level of $1.70, $1.55, and $1.38 - under which existing stops were triggered and pushed the price further down the next support level where savvey buyers got back in, with a new stop just below the low again. The real winners here are the smart money who (re)bought between $1.00 - $1.10 with a stop below $1.00.

    This trading pattern is replicated across most stocks, regardless of fundamentals. For high beta stocks like VPG - savvey timing the market is always more profitable than time in the market given its volatility.

    Sorry to sound harsh, but if your going to play this game, play it on a risk adjusted bases and if your 'long and wrong' only blame yourselves and not anyone else - of course management put themselves first - this is the case with 99% of listed companies, remember they are are self serving, not charity workers, and equity holders are the lowest level in the capital structure and hence first to get wiped, but also share in part of the upside (after management) when things go well. So much for alignment of interests because shareholders are almost awlays secondary to managements compensation.

    Caveat emptor
 
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