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Gencor Industries Inc. Message Board

  • catman_lol catman_lol Jul 25, 2008 10:14 AM Flag

    possible abandoned baby

    today is a gap down day so far its one of 2 things in the technical world, 1. break away down gap and means we gonna tank more and accelerate sellin 2. its an exhaustion gap down and that was the last shake of weak hands into the strong hands, im goin w 2, im also gonna say IF we dont get up and fill gap back to yest lows then we got an abandoned baby formation set up and we gap back up monday. look these up if u dont believe me go to stockchart. com and go to charting school section!! to learn what im tlakin bout

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    • It's a function of some market sell orders and the market maker is taking advantage.

      Trading at book value with $6 in cash and listed both in Fortune and Business Week as a top 100 small company. Greaaat buying opportunity for those on the sidelines.

      • 1 Reply to all4wishes
      • Market maker taking advantage? I agree with your other points, but that is absurd. First of all, this is NASDAQ- there is no single market maker. And even on the big board the role of specialists has been greatly diminished. Unfortunately, the market can stay crazy longer than some can stay solvent. I'm teetering on that edge myself. Those of us who have a rational view of this stock need to make something happen- I've been on the phone with the company several times. I have tried to get in touch with Lloyd Miller. This is such a thin stock that it can easily be manipulated. We (shareholders) need to band together to pressure management to take a more active in their relationship with the street. We must use any contacts we have on the street to get people involved. The current state of this stock relative to its potential is pathetic. I honestly believe it's up to us.

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