Replies to post #48424 on iGen Networks Corp (IGEN)

[Lionheart16]

I'll respectfully disagree with you on that point. There has been backtesting done on this, especially with gap ups, and they generally tend to be filled. But most are filled within days or weeks of the gap up, because after the initial catalyst (earnings, news, rumor) drives the price up rapidly, profit taking takes hold and the selling pressure builds to fill the gap. In any event, I own 7 million shares and have no intention of selling at anything less than silver. I'll just add at these levels.

[greybeard34]

All I’m saying is that there is a reason the “gap” fills, it’s because many think like you expect it to go down, hence the selling pressure and then it does go down. The only reason we can expect a gap to be filled is because everyone thinks it actually will be