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Glossary > B > "Buy on rumour, sell on the fact" Definition

Buy on rumour, sell on the fact

An axiom whose underlying message is that stock market prices rise when there are positive rumours about a company, but often fail to sustain high levels when the facts actually become known.

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Buy on rumour, sell on the fact - An axiom whose underlying message is that stock market prices rise when there are positive rumours about a company, but often fail to sustain high levels when the facts actually become known.

Buy on rumour, sell on the fact : an axiom whose underlying message is that stock market prices rise when there are positive rumours about a company, but often fail to sustain high levels when the facts actually become known.