GAPS...a discussion to reckon with! On these penn
Post# of 14350
Posted On: 08/13/2012 6:25:06 PM
GAPS...a discussion to reckon with!
On these penny pink shocks at his level, there's always a lot of talk about gaps. As you know this AM, KMAG started trading at .0142 after closing at .0134 on Friday. Some traders believe this "gap" has to be filled and thus, the PPS goes down in the next few days to fill it. NOT NECESSARILY SO!
This site has wonderful information on the nature of gaps> http://www.swing-trade-stocks.com/gaps.html
I won't repeat the major points here, but if someone you know sold today thinking a "gap" has to be filled, they just may be wrong with KMAG! IMO
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