I bought the stock on 10/ 16 at 46.56 Sold this morning (10 / 20) at 39.40 7.16 loss My stop was at 45.56...just one dollar under. I just got off the phone with my broker, they said that stops wont be executed pre-market unless they were placed during pre-market hours. Well shit. lol...NOW i know. here's the chart. Sorry it turns out so bad. When i convert the image to a jpg file, it does that. But if you want, pull up FLSH on your daily charts. Thats the volume I was looking at.
Sorry you got dumped. But looking at that chart, IMO, the larger question is what kind of strategy would put you long into a stock after a runup like that??? (That's why they call it the greater fool theory. Last one in gets left holding the bag.)
so cash -- you were talking about the gap on 10/16 right? and yes, to the other poster, of course it looks like sndk, they bot it over.
and cash one piece of wisdom-- if you;re just starting out with limited capital, don't hold over earnings..... it's not worth it. (flsh didn't have earnings, sndk did and sndk bot flsh)
What the hell? Does that mean that when you place a protective stop with your broker you're not protected 24/7? That's ridiculous.
you have to specify whether your stop is good in pre and post -- usually it's a good idea NOT to put pre and post since a lot of bs moves at that time. plus, a stop in premarket isn't gonna help you out when your stock gaps down 13%.
No it's not. It's actually better. You have a choice of placing stops for normal hours and placing stops for after-hours. It's much more versatile, and makes good sense.