|
|
Dont fight the tape |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Dont fight the tapePhrase advising not to trade against the market trend. If stock prices are rising, do not sell.Dont fight the tape Similar MatchesProxy fightProxy fightOften used in risk arbitrage. Technique used by an acquiring company to attempt to gain control of a takeover target. The acquirer tries to persuade the shareholders of the target company that the present management of the firm should be ousted n favor of a slate of directors favorable to the acquirer, thus enabling the acquiring company to gain control of the company without paying a premium price. |
|
|
|