So, he/she who shall remain unnamed, forgot to set the stop loss orders on the account. Today, one of the expert recommendations changed from Buy to Hold on SUPN. That caused a 23% drop in price from yesterday’s closing of $49.65 to today’s $38.05. That was a $10,500 hit on the unrealized gains for the month.
The accounts unrealized gains went from $25,500 to $15,000 on our $415K portfolio. A stop loss order may have saved half those losses.