Why did u buy the highs? FOMO?

Investor summaryBearish

The author questions why so many traders buy stocks at their highs, attributing it to FOMO and new investors ignoring fair value.

Bear points

Stocks often lack fair pricing in their first few weeks.
High buying volume is driven by FOMO and inexperienced new traders rather than fundamentals.

逼空 / Meme

Post body

Let's be honest, Why so many people bought the highs? Are these FOMO or a new traders who just stepped in? Cause it's so obvious stock doesn't get a fair price in the first weeks, People are just buying and hopping goes into their favor

https://preview.redd.it/hoefb6rleo9h1.png?width=1536&format=png&auto=webp&s=be383c2946798e19f296bd3571dd9b76bff21e9c

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