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Re: AgeOfReason post# 14634

Thursday, 03/04/2021 2:16:16 PM

Thursday, March 04, 2021 2:16:16 PM

Post# of 37836
I now am very strong believer in the concept that virtually all gaps get filled eventually - even if there was a massive runup (maybe even especially if such is the case) right after the gap. That is because I noticed a moment ago that the gap at $0.75 was filled, despite the stock having run up to about $3 before eventually filling the gap. According to a one minute chart for SIRC a low of $0.75 was reached during each minute from 1:01 PM ET to 1:06 PM ET today, inclusive.

Though I missed out in creating a recent huge (by the standards of my finances) realized gain on SIRC, I have learned something very valuable regarding stock price movements. That puts me in a stronger position in the future to make even bigger unrealized gains and to turn them into huge realized gains for reinvestment later at a low price.

In posting to this site, it is my primary aim to provide accurate information and good ideas to the readers, for their benefit - and not hype or nonsense or gross exaggerations. I hope I achieve that goal. I also hope to learn by asking questions.