I held some shares in AEO and noticed that today it dropped something like 12% in less than a minute, then a few minutes later it was back at its previous level.
Unfortunately it triggered my stop loss and all my holdings got dumped at the momentary low price. It's lost me a couple of hundred bucks which I can't get back!
What could have happened??!! I've never seen this kind of thing before. I thought I was wise to set up a stop loss at a nice conservative approx 10% below where the stock was at the time, but now it appears I'm a sucker and my stop loss was a ticket to me losing heaps of money that I can't regain.
I posted in this forum as I'm a beginner so please go easy on me I use commsec if you're wondering.