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Strategies & Market Trends : Value Investing
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To: Lazarus who wrote (57477)6/30/2016 3:43:01 PM
From: Graham Osborn  Read Replies (1) of 78750
 
Yes - well - I'm not sure my rule applies to stocks with MCs in the 1-10M range. If these move at all in a day, it's often by 15%+. And if you tried to get out, the stock might well be off 30% by the end of the day :) LEAPS are the same way. Illiquidity and wide spreads are the price you pay for large % paper gains.
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