Actually, you must be a funny guy to think that people don't think like that. I would be willing to bet all my CSHK stock on that at least 75%+ people believe the same way. To prove my point:
Check out any, and I mean any, newletter, stock picking person, that gives out stock picks and has a following. Now how many people actually do DD BEFORE, they invest in it? Not very many, although some do. Some people get the S4T newsletter, and invest the very next opening morning. Some people take Tokyo Joe's Cafe picks and invest immediately, some people check out briefing.com, and invest immediately, some people get Top Dog's newsletter and invest immediately, some people get Undervalued Dogs newsletter and invest immedeately, check out the volume of the stock at the time of the newsletter release or news release, I rest my case!! No DD, just blind following of people that want to make money. I do it, so do most people, again, you are the funny one for thinking otherwise. |