High pessimism is an indication of a lot of sideline money, and if all those naysayers capitulate at once as the stock is climbing, then it can propel the equity even higher in a short amount of time.
High pessimism is an indication of a lot of sideline money, and if all those naysayers capitulate at once as the stock is climbing, then it can propel the equity even higher in a short amount of time.
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