You are reporting the following post to the moderators for review and possible removal from the forum

Ghost of Igloi
RE: Down goes the Dow
agip,

Sure it is. That is how it works. The stock gets so over priced it cannot handle a setback. It is called multiple compression. The CMG burrito bar was trading at a PE of 45. Was it just going to grow to the sky?

Momentum investors were loading up on GPRO, VRX, and SYSS to name a few. The story is the same

Igy

Hit the submit button below if you want us to review the post.

If you feel this is urgent or want a reply, email us at [email protected] about the post and please include a link to the thread the post is on and what page number/post on that page it is.