ARU 0.00% 18.0¢ arafura rare earths ltd

post issue stop loss, page-14

  1. 13,252 Posts.
    Terry I don't understand why you would even bother with the stop loss there if you look at bottom support levels it is 23 cents if you get taken there at 25 cents its most likely to go down 1 or 2 cents then bounce up. In fact if I was that sure of a prolonged sell off I would short it and buy back at lower levels. If you have 100,000 you could save about 5 grand, because if you start losing that much all the time you will go broke. If you buy down at the resistance levels and when it bounces back up you trade out at 29 and your 11 grand up. Stop losses are well and good but you have to have a plan to make money not just lose it. Check through announcemments and see when the company says major milestones are due ring ARU and see if they are on track it will give you an indication of up coming annoucements. Undersubscribed or not Having a MOU with Batou says to me that it will not be as undersubscribed as you think.
 
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