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To: SamAdams76
No one is cheering their downfall, what we are pointing out is the NASQAQ is back in loony territory. Netflix, Apple, Google, they are all insanely overpriced. No, of course, even a 25% shave in all those share prices won't mean the end of those companies. Netflix will continue to be a great service. It's just that Wall Street will always try to make suckers of us all.
57 posted on 08/05/2015 9:30:53 AM PDT by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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To: Sam Gamgee
No one is cheering their downfall, what we are pointing out is the NASQAQ is back in loony territory. Netflix, Apple, Google, they are all insanely overpriced.

Apple was not over priced and in fact was undervalued. Read this article from today's Seeking Alpha:

Apple: the Market's False Correction

70 posted on 08/05/2015 2:42:44 PM PDT by Swordmaker ( This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
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