Replies to post #29842 on GRN Holding Corp (GRNF)

[SooS416]

I just showed the price action, the day it gapped up it retraces below the close of the prior day. No gap

The gap at .37 was open and clear as day

[SooS416]

Here is a description on gap closes

The day it gapped up the stock retraced to .14 below the close of the prior day. Meaning the gap closed.

"Now let's say, as the day progresses, people realize that the cash flow statement shows some weaknesses, so they start selling. Eventually, the price hits yesterday's close, and the gap is filled. Many day traders use this strategy during earnings season or at other times when irrational exuberance is at a high."