Yes I was one off those who lost big £65k ,I got out @ 3.5 but have done ok here,I was one of those advocating cutting there losses and coming over to Eurasia when it was 0.85, a few did I know .
Anyone day trading this share at the moment is taking a massive risk imo.news could drop anytime .anytime ,and they would as good as lock themselves out
Thanks for confirming what I already thought Tonwin ,I just wanted to get it out there that it's an easy way to stop the MMS messing about with the share price ,and protecting your investment if everyone did it
So logically if everyone simply put a high limit loss on ,this would create a shortage off shares available, and the share price would reflect that or am I missing something ?
Morning all, I have just been reading through the posts this morning and Ian's post jumped out at me.Fully concur but could somebody confirm that by putting a limit loss on your share stops the MMS borrowing your share to short it in the first place ? Or am I incorrect ?
To any newbie investors on here ,I strongly advise not to put any stop loss on share ,it will will protect your investment from attacks buy shorters .also put a high limit on your share to stop MMS borrowing your share to short it GLA and a very merry Xmas and prosperous new year
Just to wish all investors on here a brilliant Xmas ,and hopefully a prosperous New Year ! And special thanks to the upbeat contributers who helped to hold through the deramping onslaught !
Slow steady rise this week,much more comfortable with this ,more sustainable in my opinion , hopefully those investors scared off by the November drop ,will have the nous to reinvest now .