Post by
TraderWannaBe on Aug 10, 2020 10:28am
Second gap
what i really don't like is the second gap this morning
Comment by
pecuniam on Aug 10, 2020 11:13am
Gaps are never good on any stock chart. Sure. Short term it can continue to go up. But, if you are a long term 'investor'. I wouldn't feel secure in the value of the company until those gaps fill. It is highly likely that stock chart gaps in price will fill.
Comment by
VENMan on Aug 10, 2020 12:22pm
The market cap is current $190M for 5 million ounces of gold they will show in the ground. That's $38 cnd per ounce gold in the ground. Won't find that on a chart. All IMO! GLTA!
Comment by
VENMan on Aug 10, 2020 12:41pm
So I had a look and on July 31 stock closed at 98 cents. Opens August 4 at $1.03. So you guys think the gap from 98 cents to $1.03 has to get filled and as a result you don't get in. Now the stock trades over $1.50 and you guys again won't get in because of a gap. See Ya at $1.75 soon and yeah don't get in now just keep looking at your chart. All IMO! GLTA!
Comment by
TheGreekGoldGuy on Aug 10, 2020 1:16pm
You have to love these chart guys spewing their nonsense about gaps. It's all noise, longs should just sit back and enjoy the ride. Heck, the Greek just closed the door and it's going to be a long ride. The Greek here, Life is good