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Not looking good, even that 11m bid at 6 has disappeared. Need something positive from the company!
Perfect open, no gap, it can run freely next week!
Just don't open higher than .0049 so we don't have another gap to fill!
No you wouldn't because that would cause another gap. Anything up to .0049 will be just fine.
I agree with you, I was just saying it's not worth trying to explain to those who don't get it like us.
Exactly
It's not worth trying to explain
There’s no gap at .0036 you need to understand what a true gap is
Yes, the gap filled at .0039 which was the HOD on the day before it gapped up. IGEN can run freely now assuming we don't have another one! I know there are a lot of non-believers in gap theory, and not all gaps fill, but most of them do because they're like magnets and a key chart indicator. Even OTC stocks (not all of them!) can be traded using technical analysis.
lol it's not the biggest Dow drop percentage-wise of all time and a correction was inevitable. It helped IGEN fill that gap and created a nice opportunity for those who missed the last run.
Gap is filled, now it can run unimpeded. Let it consolidate the next leg up is coming sooner rather than later.
No one wanted to hear it hit but I told you that gap would fill. Apologies not necessary.
Yep, that gap is going to fill and we may even go lower
Call it dilution, flippers or whatever but there has been a lot of selling the past 2 days
It may gap up but it will still fill that gap at .0039 at some point, quite likely tomorrow.
I think we finally see the gap fill tomorrow; it'll be good for the stock and for the next big run.
There's no doubt about it now, not bashing because I like the stock and will buy back in once the dilution stops and the gap is filled. But this is going lower there is way too much selling pressure and it's not retail, retail is buying up the dilution.
NITE and CDEL on the ask hmmm...
Is the TA gagged or has anyone been able to verify if the OS has gone up? I find it hard to believe there's a lot of dilution going on with the substantial insider buying. But it sure did look like dilution the way it traded today (yeah, I've been doing this for over 25 years also so I think I'm qualified to make that statement).
I'm a believer in IGEN but let's try to determine the facts and not speculate or pump.
Ok good luck with that; unless it gaps above .0082 tomorrow then there's no true gap. The only true gap is at .0039 and it will be filled at some point, I'm waiting at .004 with a big order.
There is a gap at .0039 that needs to be filled; an order around .004 is a good spot.
I told you stocks tend to fill gaps, they're like magnets. Maybe not today but we're going to see it happen before the next big run.
I know it's a sore subject but if you don't look at things like gaps you're decreasing your chances of maximizing your profits. It's not bashing the stock either, as I said I love this stock, but we both know gaps usually fill at some point. Waiting for $PASO's to fill also!
I didn't say it would happen today, I just expect it to happen at some point.
Mind the gap. MM's will force it down to fill it's happening already. Experienced traders/flippers know this and are on the sidelines right now. I love this stock and expect a huge run but I'll be loading again once we hit .0039.
Ok whatever you want to believe is your opinion, I have mine based on historical data and facts that most gaps fill (not all, but most, especially on the OTC).
The only true gap is at .0039
Still needs to fill the gap, and it will at some point. Then it can run uninhibited.
The only good thing right now is we have a nice size big at 6. Any positive news from the company will cause a run, even an acknowledgement that there's a heartbeat!
The only load he's dropping today is in his toilet.
Well no one should claim they know news is coming on a certain day when they have no basis for it other than wishful thinking or to manipulate the stock.
80 is nothing for a stock like this, the RSI can go to 150 or higher on a sustained run so it's not a factor right now.
IGEN is like $PASO, lots of insider buying at higher levels and then a huge joint venture announcement and LOI. IGEN setting up for a very big run.
Flippers getting out that's all; if news comes out next week we could see a 10-banger easily.
Buy pressure has dried up but not much selling either; Monday will be interesting I think that gap fills and then it runs. Definitely don't want to see a second gap.
Have a good weekend, stay safe and healthy!
That's conventional thinking, but a true gap is determined by the previous day's HOD not the close.
It's not really a gap though, the HOD yesterday was 8.
100 share sell at .0007, makes no sense other than to f*ck up the chart
Just stating facts that's all; it may never fill, it may fill today, next week, next year. But it's a gap and usually they fill, we'll see. Stock looks strong so don't expect it anytime soon.