Individuals buying stocks after analyst raises the price

Discussion in 'Trading' started by Sikhinvestor, Aug 15, 2006.

  1. Why do people do this, don't they already know pretty much the gains that have made have been made.

    I am finding too many people follow analyst numbers or whatever they say, and forget what the actual business model of the business is. Pretty much what I am saying is the markets act as herds.
  2. yeah, just a bunch of sheep and lemmings. I've found it's usually more profitable to just do the opposite of what the analysts recommends...