Over the time I have been investing, I have flip flopped on stop loss orders with the penny dreadful stocks. many people have said things such as "I don't know why you bother with stop loss on speculatives."
Well, ESRO is a classic example of when I should have used one. At the peak a few months back, I was sitting on 6 bags+. I didn't take any profits or I could be easily free carried, but just let it ride. Since then, it has drifted down relenlessly and I am now showing a loss of a few %.
Should have c;laimed my 5 or 6 bbags!
Stop loss on speculatives?
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 (20min delay)
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.037M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.466K | 616.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 14830433 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 2647815 | 11 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
0.4¢ |
Change
0.000 ( 11.1 %) |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.4¢ | 66335 | ||
| Last updated 15.54pm 08/05/2024 ? | |||||
| ESR (ASX) Chart |