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| Top Stock Picks Portfolio Comments2012-02-03: We took **** profits in ****. You may want to try for a larger move if you hold this position. Current Stock Portfolio Positions: PR** (+7%), ME** (+7%), AK** (+6%), AS** (+5%), BI** (+4%), EL** (+3%), VP** (+3%), VV** (+1%), JA** (+1%), | Testimonials On Our Stock Picks"Hello, I mailed a check last week...for 3 months. I wonder how long it takes to process mail applications. I have previously used your service and maybe I am over anxious to get started again."...HF, Tennessee | Stock Investing Affiliate Program Refer our stock investing services and earn money! | | | Stock Stop Loss Q&A View Select Entries from Our Mailbag. Also See Our Q&A Page.Q: Dear GSA: Thanks for trial. Question-On 7/27 your top pick was ****-last
price 28.84. Stop loss 23.10. For this top pick would you try to buy at
28.84 (for your portfolio)? Also, why is your stop loss more than the
10-12% less than 28.84? You suggest 10-12% stock stop loss.
Thanks,
B.
A: Hi,
We have placed an order to buy **** at the market tomorrow (Monday), which is our normal practice for Top Stock Picks posted over the weekend.
The stock stop-loss shown is an automatic calculation based on support and resistance points
in the chart. To see how this stop loss works, click our Stop Loss Chart. We often use the line to exit positions after we've had a run-up in the stock price, i.e., to take profits. However, for new positions, the 10-12% rule takes priority, irrespective of what the stop loss line shows.
Best regards,
GSA << Previous Q&A Next Q&A >>
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