virgins rough landing, page-23

I got in at 55 cents a few weeks ago after it touched .485, thought 55 cents was a decent point for a push back up to 60 cents. I set a stop loss at 50 cents, and it got hit the very next day. I was pretty upset because I figured it would bounce back hard - but now I am very very happy with setting the 50 cent stop loss. Could have easily lost about 25% of my trading capital. Not a good result at all for holders, I also find it hard to imagine how a company can go from issuing one small downgrade to something like this is the space of 3-4 weeks. What about the ASX continual disclosure rules.

I personally wouldn't be surprised short term if there is more weakness with the SP, it will take a bit of convincing I think for people to buy back in with that downgrade... but for the sake of holders I hope it can recover - good luck all (and i can totally reccommend, always set your stop loss, it can save you thousands!)