Goldlady
2023-02-26

In the short term, this is true. Especially so for cannabis stocks. Stock prices are mostly new driven. If the price pops when the news is out and price exceeds the valuation, then we should sell the news. 

"Buy the Rumor, Sell the News": A Good Trading Strategy or Not?
"Buy the rumor, sell the news" refers to a trading strategy where a trader buys a security based on speculation about an upcoming news announcement or data, and then sells the security once the news is made public.
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