CEO says that they are looking at strategic options without guarantee of success etc and the price goes up 60%, why doesn’t every CEO say that then ? There are gaps on 5/31 and 6/1, yet people still bought in on 6/2 not knowing what the deal is and knowing that gaps fill, why is it sometimes when you buy a stock with a gap it immediately consolidates for 5 days and fills the gap, yet in this instance it is taking its time filling the gap.
my posts are always theory and not financial advice