RE: Week-End13 Apr 2018 15:43
Daveavt:
Just commenting that the oft used saying re: out over the week-end, could in PSLs case be quite applicable, IMO, owing to the potential for a MM significant gap up on market opening, if good news were to land @7.00 on a Monday.
Admittedly, buying in before news carries some risk, (as the good news is not guaranteed), but can also yield greater reward, as there will always be a proportion of investors/traders who will buy on the definite news to minimise the risk.
So, IMO, its all about risk vs reward appetite across the full spectrum of investor/traders and not about "relying on people buying in late and paying over the odds"