Based on what I read I'm wondering if the "bandwagon effect" is already starting to kick in. If it is I believe this should be beneficial for us shareholders. Just My Honest Opinion. GLTUA
Understanding the Bandwagon Effect
The bandwagon effect arises from psychological, sociological and to some extent, economic factors. People like to be on the winning team and they like to signal their social identity.
Economically, some amount of bandwagon effect can make sense, in that it allows people to economize on the costs of gathering information by relying on the knowledge and opinions of others. The bandwagon effect permeates many aspects of life, from stock markets to clothing trends to sports fandom.