Well done those that traded this, lots of mini spikes and not a lot else. Why have we not had the following. 1 name change; still being treated as a gold explorer from what I can tell 2 brokers coverage, estimates
You are considering selling just because the share price is falling: no other reason.
I.e. selling because it is cheaper.
Technical stop-losses may have their uses, but in general it's better to sell because the fundamentals are worsening, not because the sky is falling.
The respected newsletter Techinvest has said that stop-losses are best suited for protecting huge gains, and less suited for early-stage recovery situations, where timing is virtually impossible to predict, and rigid application of stop-losses can often result in premature and unnecessary sales.
And in fact TechInvest has currently suspended its use of stop-losses entirely:
"Stop-Losses in the Newsletter The introduction to the stop-loss summary table in each issue of the newsletter advises subscribers to use the suggested stop-loss limits as a guide. It goes on to state that “rigid application of the limits is less appropriate in the event of a major market correction or in very volatile conditions”. In view of the unprecedented volatility of recent markets, we have decided to suspend for the time being the recommended limits with effect from the close of trading on August 15. By that stage, since the last issue of the newsletter stop-losses had been triggered in ITIS, Morse, OCZ, Tanfield and Thus. This is not the first time we have suspended the use of stop-losses through the years. Once more normal conditions return we will, as on previous occasions, start using them again where appropriate." http://www.techinvest.ie/stop-losses-in-the-newsletter/
Hedgehog 100 10 Feb'15 - 18:54 - 129 of 129 0 0 edit "Peter, Maybe you were the one ramping TGL from 25p, as you seem to be obsessed with that happening. I certainly wasn't. And I haven't said that I wouldn't be interested in buying PPG at a (much) lower level: most things have a price. If it was at a market cap. of £2M., it would currently be worth a speculative medium-term punt of say £1K., in my opinion. But it's unlikely to reach that level in the short-term."
BND1, don't pay any attention to the rubbish over there. Hedge gets constantly slated and misquoted by some very disingenuous posters. TGL for some reason is on Tom W's radar and as a result there is a massive amount of crazy posters on that forum. Its actually amazing some of the childish stuff posted, LSE is much better for a decent balanced view. I personally have a few reservations re TGL but the signs are all there for a very successful company in the digital security market. It will be great to grind some figures when we get them shortly re GOS and SDS + any other investments which look to be on the cards. DYOR, GL
Hedgehog why do you post here when you have no position here and are not interested in buying PPG at lower price..... yeah sure!
You come across as a crying baby that missed the train but don't worry PPG will be over 3p before end of this month. So imo you should sell that garbage TGL that you have been ramping from 25p now only 0.5p and down 10% today and buy PPG which has risen from 0.5 to 1.2 and may well hit 5-10p during 2015.
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