With the rise of Nvidia's artificial intelligence wave, $VITROX (0097.BMS)$ Weite's stock price once hit a new high since December 2021 in early trading, soaring to RM5.90. This trend has prompted many retail investors to buy in panic. They are worried about missing out on this investment opportunity and are pouring into the market to pursue stocks related to artificial intelligence.
In the process of rising stock prices, investors have reaped considerable profits and are immersed in the joy of short-term earnings. They generally believe that they can get out in time before the market turns around and become “the last mouse to escape.” This mentality encourages more people to continue to invest more, hoping to get a share of this wave of artificial intelligence boom.
However, today's stock price trend of Weite is proof of the cruelty of the market. The sudden sharp drop in stock prices caught investors who didn't sell in a timely manner. They thought they would be able to retreat peacefully at the last minute, but they found themselves in a group of people trapped in a high position and difficult to escape.
Of course, this doesn't mean that Weite's stock price can no longer return to the highest point it set today. After all, artificial intelligence plays an extremely important role in future technological development and has broad prospects. In short, although Weite's stock price has experienced fluctuations, in the long run, artificial intelligence has great potential for development. Investors should focus on long-term value rather than be swayed by short-term market fluctuations.
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