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Old 10-12-2007, 03:41 PM
john kane john kane is offline
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Join Date: Dec 2004
Posts: 2,829
Default Re: The Ultimate Leverage Investment Thread

kimchi, good idea, ill definitely look around a number of different spreadbet providers and try and get some free cash as well.

it is guaranteed, the price you pay is a larger spread. if you have stock X at $1.67 and stop loss at $1.50. if bad news overnight and it opens at $.40 you sold it at $1.50.

sure you cant detemerine an announcemtn will give a 50:50 shot, but take northern rock the past couple of weeks. it finally stabilised at 170p or so, any guide bid was 150p or so. now given that it could have easily risen over good news but likely biggest drop was down to 150p, then it looked a great spreadbet guarenteed stop loss investment.
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