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Buy on rumors, Sell on newsBuy on rumors, Sell on news
misterjover said: "Anyone hear of a good rumor lately? If we would've snagged a few thousand shares of HLYW while all these rumors about the merger, we could've pocketed an easy 6% today.
Buy on rumors such as mergers or buyouts and product releases.
Short on rumors dealing with judgments, FDA approvals, and bankruptcies.
=)"
AlfredSokol said: "I really wish I did. But by the time I hear it, everyone else already knows :)
We could start bribing company insiders."