TSXV:RTI.H - Post by User
Comment by
Mike1McIntoshon Jun 06, 2017 3:30pm
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RE:What I've learned..
RE:What I've learned..Mrg8324 wrote: Unexpected news day = Everyone and their mother starts buying.
Expected news day - Everyone and their mother starts selling.
yep.... noticing that too. Also the time leading up to good news people are buying and acb and rti have both played out "buy the rumor, sell the news" I just don't fully understand the mentality.... however if people are excited about the good news and spend all their money on the way to good news and it's already priced in then people take profits since they already bought on the way up? Only other thing to do is short and why would you do that if you held a long position? No money left to buy even when there's good news, so it's stalls, and shorts take over, fallowed by panic selling or even stop losses? Interesting world investing, and so much to learn.