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Forum - Gurus Answer Questions    Gurus answer your questions about the art of trading.

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From: GoHawks (Rep: 0) reply to jmk909erDate: 03/12/2019 10:14
Forum: Gurus Answer Questions - Msg #662Thread #674068634 (Rec: 0)
Re: Rookie Questions
I'm not at all a guru but will try to help.
"gapper" refers to stock price chart. If xyz co. closing price on Monday is $2.00 and opening price on Tuesday is $2.50 then there is a "gap" on the chart from $2.00 to $2.50; that is, a price range where no trades occurred. Gaps can be in a positive or negative direction.
EOM = "End of Message"; meaning "there is no need to click this link, there is nothing further to read".
Float = freely trading shares. Total outstanding shares - restricted shares = float.
TROV = Trovagene, inc. stock. On March 8, TROV was a "huge gapper", opening at around $8 after closing at around $4 the previous day. So if you had bought TROV on the 7th you could have doubled your $$ in one day.

Reply to jmk909er - Msg #661 - 03/08/2019 17:34

Stupid Rookie Questions ;-)
I am new here and somewhat new to trading, can someone help me get a handle on some of the lingo...
What is gapper or huge gapper?
What is "eom"?
What is float?
And what is "TROV" for example "ALQA is todays TROV $5+"
That's enough for now, I'm sure I'll have more.
Love this forum!
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