PET 0.00% 2.5¢ phoslock environmental technologies limited

New newing report is out, page-8

  1. 3,156 Posts.
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    Hi Karcus


    I can provide you with several good stocks that recently went back to fill the gap.

    Its easy. Go look at the daily chart of NAN 18th to 19th of June upward gap 5.39 to 5.52 got to 6.09 and fell back to a low of 5.15. The gap more than filled. My stock currently 5.25

    ISX 24 - 27 May gap 0.53 to 0.61 got to 0.65 and the fell back to fill the gap at 0.58. My stock currently 0.71.

    The biggest daddy of all gaps that got filled recently is one of my early buy in favourites ALU.

    A huge gap 18 - 19 Feb Gap 27.40 to 31.39. This the biggest up gap that I have witnessed, mainly because I am a holder of the stock. It got to a high of 35.59 on the 22nd of March.


    Any chance of filling the gap? Well I didn't think so at the time.

    The gap got filled on the 4th of June at 29.21 and the stock is currently 36.43.

    Go figure.

    I added to my holdings at 32.25.


    I have been in this game long enough to show you many more examples of gap filling.

    I can also show you examples of some spec stock that I tried to catch by getting on the rocket as it entered the stratosphere only to plummet back to earth. Hard learned lessons. I suspect that no experienced investor has not experienced that phenomena.

    I should also say that I can find instances where gaps we not filled. But they are more rare than you might think. PET could be one of these. Time will tell.

    PET's large links will China, is a worry when you consider a certain twitter freak.

    So right know I am in watch mode and cautious, but also hoping they gain entrance into the ASX300 in September.

    cheers Lies
 
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