Ghost of Igloi wrote:
Momentum lovers ate the giant burrito CMG and got a side order of indigestion when the stock went from $758 in October to under $500 today.
That is what happens when market multiples reach a level were expectations and reality meet. Same will be true of the FANG stocks. There will be a rush to the door once Dracula arrives.
for pete's sake CMG went down because they made people sick with norovirus and e coli, not because of stock valuation.