Do they say "buy on the rumor , sell on the news" or is it the other way around? I'm lost on this stock and in a panic with earnings comming out soon. Someone ease my mind. I hold the stock and am afraid to sell. Is this all news or rumor or does none of that matter now? I know I am showing how novice I am so be kind. Just help. INSIGHT ANYONE?
If you trade based on tese perameters, you are bound to lose money. My philosophy is to find good stocks with good upside potential and hold them until they hit my price target. KNOT is a good stock and has great upside potential. It should rise nicely in the next 1-2 years. In the meantime, it will be subject to large dips. Don't buy any stock with money you can't afford to lose some of.