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Dont fight the tape

The financial definition for Dont fight the tape:

Phrase advising not to trade against the market trend. If stock prices are rising, do not sell.




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Proxy fight

Proxy fight
Often 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.




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