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Re: corky2 post# 24463

Wednesday, 01/23/2019 3:39:00 PM

Wednesday, January 23, 2019 3:39:00 PM

Post# of 34627
No I am not implying that at all. All I am trying to point out is that some gaps never get filled. So trying to make this decline attributed to a gap fill I think isn't correct. When a company gets substantial news Sometime you get a gap and it never trades back down to that level because there was a material event that changed the valuation for ever. For example. If a stock is trading at $10 and gets a $20 cash buyout offer and it opens at 19.50 the next day you are likely not going to get a gap fill unless the deal falls through.


I think my previous post was very clear. Psychology and emotion is driving this.
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