posted on
Jun 04, 2014 05:29PM
Only those in the know, know. If I said that I expect news on Monday or Tuesday next week, would you buy tomorrow, Friday, or roll the dice and wait for the gap down. If you don't need the money liquid, buy now and sit on it. If the stock is halted with major positive news, you will pay double the price later. If the news is not favourable you will hold shares worth some less. As Mr. Buffett said when asked a similar question, "If you have the money, buy now. " I preferred Hank BTW. Derekwpg