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Title: Alex bought 100 shares of CBG corporation at $20 per share. It is now selling at $50 and Alex has ... Post by: teyodani on Mar 21, 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. Title: Alex bought 100 shares of CBG corporation at $20 per share. It is now selling at $50 and Alex has ... Post by: ksweet on Mar 21, 2022 Content hidden
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