The Trading Floor (Investing, Stocks, Bonds): Lng stock

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Lng stock

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#15

02-15-2011, 10:49 AM

cmdrost

Red Snapper

Join Date: May 2009

Location: Lake Charles via Choupique Bayou

Posts: 1,665

Cash: 913

Quote:

Originally Posted by mikedatiger

Put in a stop limit at say $8.00 or $8.25. If it hits $9 then move it up and keep following the trend. But if you have a stop limit then you know what your gain will be and you don't have to constantly watch it...

While I agree with you on the stop limit, the price mentioned is much too close to the current trading price.....which could easily trigger a sale that you might not be ready to make.

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