By Ted Stamas : Wall Street is full of clichés, and one old chestnut you often hear is: "Buy the rumor, sell the news." There's been a lot of scuttlebutt about Glu Mobile ( GLUU ) being acquired by two companies this past month. The first one was Zynga ( ZNGA ) for $6/share, and when that rumor ...
Manager Don Yacktman says the decline in trading costs along with the natural volatility of stocks is creating opportunities for value managers focused on the long term.