Yes its emotion .. but hey that's the market!! we all do the research, pick a hot sector and stock and can be soooo right .....until sentiment changes. Then all the value analysis or relativities or multiples don't matter its just fear (and shorting of course). A real pain and it makes me question the what is the best way to "invest" in the fast moving markets that we have today.
Then again ... someone is BUYING big chunks at these prices .. around 1m werer bought in one hit taking it from 69 to 72. Someone wants it.
H
ESG Price at posting:
70.5¢ Sentiment: LT Buy Disclosure: Held