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Posted On: 04/04/2017 1:58:58 AM
Post# of 15624
Re: claydeath1 #5406
I believe that you're correct, and that at least one of the MM's isn't satisfied that the gap at $.92 was filled at $.96. Technician's have told me a gap isn't filled until the price is matched, $.04 away isn't good enough.
I personally don't believe that all gaps must fill, but I do believe that MM's try to fill them, so I put in a buy just above the gap that I'll be happy to get, but won't mind terribly if I don't.
I don't believe that anyone who believes in the potential of the company should be selling at these prices, but clearly some people do take losses, or gains, depending on when they got in, and walk away regardless of what they thought of the company's potential. As for me, I don't know how high up up is. As far as I can see, it doesn't stop at $5 billion, or $25 million for that matter. Of course this will take years, I hope I have them to spend.
Gary
I personally don't believe that all gaps must fill, but I do believe that MM's try to fill them, so I put in a buy just above the gap that I'll be happy to get, but won't mind terribly if I don't.
I don't believe that anyone who believes in the potential of the company should be selling at these prices, but clearly some people do take losses, or gains, depending on when they got in, and walk away regardless of what they thought of the company's potential. As for me, I don't know how high up up is. As far as I can see, it doesn't stop at $5 billion, or $25 million for that matter. Of course this will take years, I hope I have them to spend.
Gary
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