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by joshgel 1638 days ago
Isn’t the fact that they got cut in half (and other examples, peloton for example) evidence that this isn’t a bubble. There are companies that are exploding in value, yes, but also companies just getting crushed left and right. If you’re growing, your value is very high, but miss your targets and boom, bye bye froth.
1 comments

Isn't what you're describing stage 4 of a bubble - https://www.investopedia.com/articles/stocks/10/5-steps-of-a...