buy on bad news (to)
- Stock market strategy of purchasing stock after unfavorable news.
American business jargon. 2014.
Look at other dictionaries:
buy on the bad news — buying stock shortly after a price drop resulting from bad news from the company. investors believe that the price has hit bottom and will trend upward. Bloomberg Financial Dictionary See: bottom fisher. Bloomberg Financial Dictionary … Financial and business terms
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buy — To purchase an asset; taking a long position. Bloomberg Financial Dictionary bid (or buy) An offer to buy a specific quantity of a commodity at a stated price. The price that the market participants are willing to pay. Chicago Mercantile Exchange … Financial and business terms
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