Buy on rumour, sell on news!Today, that principal got proven. PROVEN!
I got edumacated.
I could not believe that the govenment announcement of pot legalization would decrease stock price, but accross the board, with ACB leading the way, stocks dropped!
This is hard for me to accept. But I am not experienced.
Of course they shot up on Monday .49 cents and droped the next day .20 cents.
So listen, this is the new rule..... Buy on rumour, sell on news!
If you ignore this with TSE listing, with SKY build, with whatever else comes our way, then you are violating the basic rule.
What is the rule again..... Buy on rumour, sell on news...
I sold all mine at 1.30pm..... Too late, but I made a profit.
Man to those of you who are really solid long term investors, my hat goes off to you.
You have far more guts than I do.
Cheers