Quote Originally Posted by Carbon View Post
Looks like your right Paul...aparently its the thrill of the hunt, not the kill.
Down 91 pts currently.
It abolutely is the thrill of the hunt. Buy on the rumor, sell on the news. Once the rumor hit that the deal would be made, it corrected itself then.

There's a statistic that over 50% of trades are made by Institutional Investors. So chances are if you're buying, one of them is selling it to you and vice versa. Guess who is more likely to be making the right trade?