FOMO
$CapLand Ascendas REIT(A17U.SG$ Alot of people follow the crowd blindly. when alot of ppl buy, they follow and buy-in too..not wanted to miss out the action!!
when there is a sell down and become value for money, these FOMO ppl feel like the sky is falling when they see the sea of red and quickly panic sell.
so these "investors" just follow the blind blindly.. they think and feel like an investor but they are wrong..
you are just allowing BB/funds/true investors collect all these at a low price..
when these share prices recover and ultimately increase back to normal..these funds will sell down to earn a decent profit and these FOMO investors aka blind ppl pickup the falling Axe ultimately and they feel good thinking they got a good deal (everyone is buying)
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