RE:RE:Huskey wasent in the charts LidLid wrote: if an event is unexpected, say, if company AAA trades at $10/s, Company BBB says it will take over AAA at price of $20/s, AAA price will jump to arround $20/s and creat a big gap, and that gap will never fill. According you theory, gap has to fill, so the price has to fall back to $10/s, and since there is no driving force, your chart is useless. same in this MEG event.
omg read what u just wrote and u tell me that makes sense ? Meg went to 11$ because of the huskey deal and rumors before they announced it . Huskey takeover was never set in the charts . So that 11$ gap will never be filled unless another take over is in the works . So in theory the gap to the 52 week lows will happen before meg recovers . Again I wouldent be surprised to see some write offs and assets for sale at a discount . For the x amount of BOE they are producing dosent come nowhere close to thier debt . I am not bashing just stating the facts and what the charts are telling