• Tikay
    $BBRY A "stop loss" can be invaluable tool when dealing with a high risk stock. It can make the different between a small and huge loss.
    9/16/13
    Reply (4)
    • Tikay: http://bit.ly/1965sCN I would have minimized my loss after the last ER if I had known to do this. Easy and cheap to do.
      9/16/13
    • dfedak: Would not have protected you, as it was already way way down in pre-market.
      9/16/13
    • Tikay: That's true, dfedak. Most of the damage was already done by the time the market opened that day.However, can help if drop is not pre-market.
      9/16/13
    • radmege: stop loss doesn't protect against price gaps when the market is closed, like the last ER. Try buying a put option instead.
      9/16/13