Stocks are fluid, trying to go with the flow to make some $$$.
By the time news=hot stock, the party's already over.
If a stock pops big for no reason=it's a trap. Pump and Dump.
99% of the time, rumors are unmerited and buyouts will not occur.
Carol - seeking profit opportunities in both rising & falling markets, tho I prefer the bull side. Founder of a non-profit German Shepherd Rescue and VP of The Seminar Group. I trade using pocket pivots & O'Neil's CANSLIM methods.
Stay at Home dad who's been trading for 5 years. Love the action and manipulation & thankful for this trading opportunity to easily afford me more family time. Have a BA and Masters studies.
In a December 1997 issue of Barron's, a Merrill Lynch poll found that the top strategy among 122 institutions surveyed was to buy stocks of companies that exceed earnings expectations and sell the companies that fall short.