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Author Question: Alex bought 100 shares of CBG corporation at $20 per share. It is now selling at $50 and Alex has ... (Read 54 times)

Drewster127

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on: Mar 29, 2022
Alex bought 100 shares of CBG corporation at $20 per share.  It is now selling at $50 and Alex has placed a stop loss order at $47.50, good til canceled.  Which of the following is true?
◦ If the price falls to $40, there is a high probability that Alex will sell at a price close to $47.50.
◦ If the price falls, to $40, Alex can be sure that the stock will sell at $47.50 or higher.
◦ If the price falls overnight to $40 and continues to fall from there, Alex will not be able to sell his stock.
◦ If the price falls briefly below $47.50 but bounces back before the order can be executed, Alex will still own the stock.
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by Drewster127 on Mar 29, 2022

bainer89

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Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Drewster127

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review

jojobee318

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Reply 3 on: Yesterday
Wow, this really help

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