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Alias Born | 09/10/2000 |
Friday, August 21, 2020 6:33:08 PM
It has been my experience that they will take it down to fill the gaps. Not always but often.
If it does start tanking for no apparent reason that should be the floor...if you are in above the gap don't let them shake you out. And if/when it hits the gap it is usually a good idea to buy more around that level...because they usually take it back up again...this could happen intra-day...or over the course of a few days...
And it may not happen at all. But I have been around the block once or twice and have seen them take stocks from lofty heights to fill in gaps. This is not a big gap so they may just let it go...but that IMO would be the floor, right around 1.45.
Just my two cents...I am not long this stock: I am completely out. If they do engage in shenanigans and take it down to fill the gap I may jump in JFSAG but I am out so this is free advice and therefore worth nothing. You may want to consider the fact that some of us have taken these rides before...
GLTY
Congratulations to all longs, especially those that had trips...
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