Reply to post: There is a huge bubble

It's IPO week and one of Wall Street's own is raising the spectre of a stock market crash

Anonymous Coward
Anonymous Coward

There is a huge bubble

that will go 'Pop' very soon.

Lots of tech stocks are very overvalued and are due for a big correction.

Tesla (TSLA) and Apple(APPL) are just two of them.

There are others with totally insane P/E ratios. Having an IPO of a company that has never made a dollar in profit would have been impossible 20 years ago. These days, it seems to be the norm. Just look at Uber.

If you have any investments in the market then I'd look at your portfolio and see if you can survive a 10%, 25% 50% or even a 75% crash in stock price. Then do what is necessecary to protect your investment.

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