"A gap down on huge volume is actually bearish unless it turns back up to fill the gap in the next few days. next few days crucial. "
Yes occasionlly...but...
When do you think the smart money (professional investors and interests) buy shares? If they had wanted to dump 3.7mill shares today do you really think they would have done it at a 20-35% discount to yesterdays close?
Don't you think they may have just pumped it up just a bit first...you know they could have easily stopped this fall today...
Need to think upside down in this game.
VEI Price at posting:
32.2¢ Sentiment: Buy Disclosure: Held