i bought 5000 zagg this morning at 6.64$. Stop at 6.44$ just below 52 week low, now raised to 6.72$. if i get stopped out, i take a small profit and come back again later if lod holds. why? because robust opening versus weak market, following continuous decline to near mid term lows, and because i don't have any special knowledge like baba (i wish i did) so i just have to work with the chart and that means i am wrong sometimes. i don't like to lose much money when i am wrong. for much the same reason, i also bought 5000 nihd at 6.55$ if anyone else has a similar strategy or sees anything similar in other stocks, please share. i have about seven i am looking at, waiting for an entry. disclosure: i don't short, don't use margin, don't know or care about technicals or fundamentals, only headline news and price movement.