United States Oil and Gas Corp (fka USOG)

[The_Pro]

Here's An Excellent Tutorial On Filling The Gaps Titled:


Playing The Gap
by Justin Kuepper



The link is (Inestopedia):

http://www.investopedia.com/articles/trading/05/playinggaps.asp#

Getting to your inquiry, do gaps have to always fill?

That depends on why the stock gapped. Was there some fantastic news such as better than expected earnings, a royalty payment on a pattent say, or a plethora of good news.

Sometimes hype causes gaps such as thru pump and dump promoters. That causes a false, black hole type gap.

The case with USOG is hype and speculation some founded some not. The uplisting to OTCQB is founded as well as the convertible note to Turnbull becoming less agravating and more mitigating. There were three large
gaps this week Mon, Tues. and Wed. Once the hoopla wears off you drop back down to pre gap levels and rise in a normal fashion. It should be noted these gaps are continuation gaps and not exhaustion gaps. As such, it is a strong bullish indicator. If a gap were to be filled it would be at Monday's close of .0042 or about.