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E-Commerce China Dangdang Inc. Message Board

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  • ajalvarez100 ajalvarez100 Jan 23, 2012 11:36 AM Flag

    bought 5k shares at 7.76 HELP

    Hold, but put a stop loss at $7. That is the support level as the stock has turned back higher both times today when it got near that level. Also, learn from your mistake. If you bought at $7.76, you bought near the high of the day on Friday. It is very important to wait for pullbacks, especially when dealing with short cap stocks. Don't get sucked in by big upswings. Be more responsible.

 
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6.18+0.02(+0.32%)10:20 AMEDT