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Tuesday, February 20, 2018 8:33:20 AM
https://www.thebalance.com/what-does-buy-the-rumor-sell-the-news-mean-1344971
Lots written about it, of course. Its already been well discussed here as to why the price has so dramatically increased in such a short time, without their being any news to propel it. Therefore, it had to be "rumor."
Now we have news! One question on my mind now is, "does this news exceed in magnitude the rumor that drove this price increase?" We have gone up, then down, so many times, with people "yelling" out such things like "you better get in now, because next week this baby is going to double (or more)!"
I've heard it so many times already its like the stock market equivalent of the "boy who cried wolf" or "the investor saw riches." I don't want to be disappointed anymore, having maintained a strong long for so many years. We will see what all this brings in an hour. No doubt there will be some exciting volume, but which way?
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