The MM won't find enough shares to close the lower gap given 32 mil traded today on what was a .8 stock 4 days ago. Only very bad news would close the gap and just too much positive news over time. In at .69 and long term holder. If it was to move to first gap I'd buy even more. GLTA.
First of all, yes, almost all gaps fill, just look at the major indices, how they often open high, then dip down and fill the gap. As fo INO, it did the same several times over the past couple of weeks. However, today, with the huge move up and huge volume, this gap is called a 'breakaway gap', which does not have to be filled. You can google this for more confirmation.I was made a true believer today with the volume and holding the gain.We may have a real jewel here.
Sentiment: Strong Buy
Don't confuse the fact that small caps move up and down large amounts with the gap being the cause of the large swing. That is why it never has to fill, it is merely within the large price swings of small caps.
Got some dirt on my shoulder, could you brush it off for me? (Whom ever gave me the thumbs down, learn from constructive criticism and you may get rich) Added 1/3 to my position today