'mornin...
The fact is that gaps get filled. Simple reality. The sun rises in the east & sets in the west. When lightening flashes, thunder follows, 1 plus 1 is 2..... and gaps tend to get filled.
I believe that its best to get the garbage out of the way so there is no necessity of retracing back to address an unfilled gap. So, if this puppy is going to be part of an index that becomes a tradable ETF on 1/15/18, then the gap is not sitting out there... looming in the background, a threat that hovers like a storm cloud.
Get the gap problem behind & then good news like the opening of server farms in Iceland & Sweden, and the December financials, and the ETF in January.... They can generate interest and buying and the upside is not in need of a retrace to deal with an old gap.
Thats my thinking.
And also, today is a half day on thin trading. Easy day to push a small stock around a bit.
Imperial Whazoo
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