Why would you not want to own a stock that people are buying heavily -- and have been buying it heavily for a long time?

Because when they start wanting to sell it, you will lose your money.

The internet bubble consisted of 100s of stocks that people were buying and buying and buying because people wanted to buy them and it went on for years.

Then in the year 2000 the top was reached and people started selling all those same stocks they had been buying. And selling and selling and selling. It then took 12 years before those stocks as a group came back up to EVEN with the value they were at 12 years earlier.

So if you were to buy these stocks soon before the top came, you could wind up losing money in them and not even coming back to even for 12 years. It has happened twice before so far.

And THAT is why you "would not want to own a stock that people are buying heavily -- and have been buying it heavily for a long time"

Details matter.

R: