RE:Gaps2010dodge wrote: Crapot is always preaching about the gap at .27, so I googled it and he will be right 90% of the time
which is a pretty good chance it will be filled.
So what's that mean: when a stock price gap is observed, by a chance of 91.4% it will get filled in the future. In layman's word, 9 in 10 gaps get filled; not always, but pretty close.
just to make it more interesting .... not all gaps are the same, which they didnt mention. It depends on the gap and reason for gap.