InvestorsHub Logo
Followers 2
Posts 108
Boards Moderated 0
Alias Born 01/30/2014

Re: None

Tuesday, 06/24/2014 4:00:28 PM

Tuesday, June 24, 2014 4:00:28 PM

Post# of 9944
From a nice summary of investing mistakes by Motely Fool:

Number 17-

Bias From Backfiring at Opposing Views
When presented with information that goes against their
viewpoint, people not only reject challengers but double down
on their original view only because the topic becomes more
emotional. Voters often view the candidate they support more
favorably after the candidate is attacked by the opposing party.
In investing, shareholders of companies facing criticism often
become fanatical, die-hard supporters for reasons totally unrelated
to the company’s performance. Companies under attack
from short sellers have some of the most irrationally supportive
shareholders out there.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PVCT News