Why does everyone succomon to fear and sell thier stocks when the media yells recession?

Answers:1   |   LastUpdateAt:2012-10-24 21:04:02  

Question
Chandice
Asked at
People panic and sell their shares at low prices because they think they will lose money, when that's exactly what companies to go under. On Wall Street, stocks fell due to people panicing and selling their shares because the media smear in the world face when a few companies go bankrupt. I mean people are selling their shares (and not buy as they should be) in companies that are not doing badly, making their share prices fall. Remember America, to buy shares at low prices, the profit company money, what people do best and thrive. All the media hype of Fannie Mae and Freddie Mack, Lehman, and now the threat of AIG, has caused great loss to other companies in the stock market because people are thinking OH MY GOD
Answer1lidiaAnswered at 2012-10-24 21:03:58
The media do not yell recession. Anyone who still keeps a lazy eye on the stock prices can be seen to have been declining for some time and the media report that only
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