Gap (nyse)

[Kash Jackson]

Putting this one on watch for a possible bottom play. Not saying its ready right now but worth putting on the watch list for development. IMO of course

http://stockcharts.com/h-sc/ui?s=GAP&p=D&yr=0&mn=6&dy=0&id=p03540365371&a=0

[Kash Jackson]

Closed at the High of Day of $4.30. Could test MA 20 currently at $4.85 and trending down.

[Socalgal]

Today it closed at 4.36 but do you have any idea why it had such a big drop in value on May 12th, It took a nasty hit that day.

[ronaldsalem]

you mean on the 12th? Socalgal? On this pennystock GAP Great Atlantic & Pacific Tea Co., Inc ??

[Kash Jackson]

Today it closed at 4.36 but do you have any idea why it had such a big drop in value on May 12th, It took a nasty hit that day.

No idea why the drop Socalgal. I actually scan for these types of beaten down plays in search of the subsequent bounce they provide. They have served me well over the years but one does need to keep a tight stop loss just incase that bottom was not really THE bottom lol. This one has turned out pretty nicely though.

[kingrichards]

Yeah I think so too Kash hey nice avatar.