OTCQB:EMHTF - Post by User
Post by
p0ntiffon Oct 23, 2018 11:41am
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Post# 28856442
Buy the Rumor, Sell the News
Buy the Rumor, Sell the NewsPeople are selling the news. When we reach bottom is anyone's guess. (Great buying opportunity when it does.) Then as we head towards Q1 earning reports, the rumors of a good report will increase share value. The news will come out, and it will be good. All the pros will sell and buy back in leading up towards Q2. Rinse and repeat with a few side curves just to keep us guessing.
As to when people will sell leading up to the release of Q1 is anyone's guess. But you know it will happen. It could be a couple of days leading to the release of the report, or a few days after. That's what the professionals do. Buy the rumor and sell the news. Promote greed by fueling a rumor, and then create panic by selling off. This is how they are able to buy nice houses, drive nice cars, and send their kids to nice schools. Stay sharp everyone, it's going to be roller coaster ride. When has it not been?