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

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From: jmk909er (Rep: 0) reply to GoHawksDate: 03/12/2019 11:06
Forum: Gurus Answer Questions - Msg #663Thread #674068634 (Rec: 0)
Re: Rookie Questions
I get it now! Thanks. I am trying to learn what you guys are doing in the pit. Seems like I always get on board late!
Thanks again ;-)

-Joe Koppel

Reply to GoHawks - Msg #662 - 03/12/2019 10:14

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.
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