16th Sept 2011–Pattern Study–Don’t be fool by the name!

Ticker:

 

1. STP

 

Topic:

 

1. Sun Tech Power == It has no SUN, no TECH and no POWER

 

Lesson Learnt:

 

1. This stock shows that you can short a stock for more than a year.
2. Stock that is low can go much lower. More low than you can ever imagine.
3. This shows that if you don’t have stop loss, you will be crunched in totality.

 

Intraday Chart

Historical Chart