Man..I've been trading SKF nearly every day all the way down from 220. March 9th @ 220 was my biggest loss. I had a +$1.50 stop in on it long at the open. The Citi news came out and it blew my stop limit order. I got out for a -2500 loss on 250 shares. I got it back the next day, but losing that much on 250 shares sucked.
Man..I've been trading SKF nearly every day all the way down from 220. March 9th @ 220 was my biggest loss. I had a +$1.50 stop in on it long at the open. The Citi news came out and it blew my stop limit order. I got out for a -2500 loss on 250 shares. I got it back the next day, but losing that much on 250 shares sucked.
ReplyDeleteyeah this thing is a beast
ReplyDeletenow it just looks like dead money but could hype back up again..
check out t3live.blogspot.com -- it highlights the megaphone bottoming pattern