I shorted a stock CBOU, a coffee company at 4.96 and it tanked to 4.64. Being the nit that I am, I decide to set a stop loss at 4.75 just to lock in some profits. Little did I know my stop loss executes so I am sort of bummed. However, when I look to see that it was executed at 4.85 I am pissed off. How the hell does it execute 10 cents above my stop price. 10 cents is alot considering its a 4 dollar stock and I got screwed. I’ll be more careful next time, since these stocks are more illiquid and people can see your stop loss.

Unbelievable!..

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