OAK 0.00% 6.0¢ oakridge international limited

XPE Charts, page-8573

  1. 4,988 Posts.
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    I have found on a stock like xpe where there is some evidence of market shenanigans, and where a long term holder like myself with complete confidence in the fundementals, it is best to not have stops in place at all, so as not to get caught by any sudden sell offs, have some strategic orders in at prices that represent a bargain, to take advantage of the shenanigans and accumulate at bargain basement prices and take little notice of the daily fluctuations of the share price, as it is not important, announcements and news is what is important and will build your confidence in your initial assessment. This in my opinion is a sound strategy (especially if you have a day job and not involved in a love affair with the market, like some on HC).
    Just as an example i think about 3.5 cents is a nice figure to have a strategic order to top up as it is plausable it could go there in a malipulated senario.
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