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Ragz2Richez

09/29/14 6:11 PM

#188017 RE: bangnasty #188015

Sell the news buy the rumor. The market is sometimes counter intuitive

Stock eyes

09/29/14 6:21 PM

#188019 RE: bangnasty #188015

Bang...for the last 20 years since I been trading in the pennies, it's always been a pattern that upon a pending release, the price drops about a week or two before the release. Then a few days before, it spikes, because of speculation, and then when it's released, it's old news, and the price drops the day or two after. It won't be until the bottom line is strong, and most of our tentative agreements or contracts are signed that we can expect the price to rise without much interaction from those who can control the swings. As long as we exercise patience, we win in the end. Those who depend on the everyday heartbeat of the stock, easily bail out because they think it's never going anywhere, and once they get out, and it moves, then it's crying in their soup.