Arianna just made another fantastic investment: She purchased 400 shares in Great Gains Corporation for $20.0920.09 per share. Yesterday the stock closed at $54.1254.12 per share. In order to lock in her gains, she has decided to employ a stop-loss order. Assuming she set the order at $53.7353.73 , what is likely to happen? Why might this not be a wise decision? At what price would you recommend setting the stop-loss order? Why?
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Home » Business » Arianna just made another fantastic investment: She purchased 400 shares in Great Gains Corporation for $20.0920.09 per share. Yesterday the stock closed at $54.1254.12 per share.