Sell on News?

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Polylabel

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Sell on News?

posted on Oct 22, 2007 04:40AM

It might be good advice to hold onto all your shares until any news release has time to sink in. Good news could pop the stock a bit and then weak hands will rush to offer their shares. Too many offers and the bids will keep dropping.

Good news which is almost certain will take a while to be digested by the larger investors who've been 'kicking the tires'. Wouldn't be surprised if they entered the market anywhere from a few days to a week after such news is released.