Replies to post #154830 on Zeev's Turnips Patch-No Politics (ZEEV)

[mainehiker]

bruce..curious what zeev says, on that i asked board the other day about gap theory in reference to gaps "filled" in previous ah
..in the ah on monday gern rose smoothly on news to 12 or so i think...
then next am, yesterday, i recall i got as low as 10.93 in am AFTER initial open higher in regular am.
thus my question , is this case where the gap was "taken care" of by the previous ah..im not saying it was or that gap wont fill..just an observation

[Zeev Hed]

I think it will fill that last gap as well. Look at the volume explosion and prior volume explosions (like early April and early June), such volume peaks are often also price peaks. I got enough for now, but if it gets beaten bad in the morning, I may try another run, will not wait for a new high to print, though.

[lee kramer]

Hi Bruce: I looked at the GERN chart you posted. It indicates an almost 4-month consolidation prior to the recent gap. I suspect there will be some wild moves in GERN [we saw one today]. GERN may eventually fly or it may fizzle as so many have. It may be wise to buy after a day like today and sell into strength, if you are trading it. And it makes sense to me not top load up on this one. If wrong, it could be painful.