Market Analysis

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pierreapienaar
By pierreapienaar on Tue, Nov 26, 2013 - 5:52am

Two Reasons Why You Should Not Follow The Crowd

How often have you seen a massive amount of people wanting to buy a stock when it has already surged sharply higher? Just think about it, there were so many people buying stocks like Tesla Inc (NASDAQ:TSLA) when it was trading near the $200.00 a share level. Hardly anyone was even talking about the stock when it was trading around $35.00 a share in March 2013. It is still amazing that people want to buy stocks when the institutional money is ready to sell them; that is what happened with Tesla stock.