3 ms·

So it was a bubble then?

• cm2012 7y ago
  Not sure if it's the right nomenclature, since bubbles are supposed to be pop. Instead they just grew in value slower than they were.
  • Waterluvian 7y ago
    The muffins didn't rise properly.
• huffmsa 7y ago
  Perhaps, but dealt with via smaller adjustments rather than catastrophic collapse. The underlying principles of the companies is sound, just priced a bit too high. The market fixed it (as it is supposed to do)
  • MichaelApproved 7y ago
    “Fixed” is too definitive of a word, isn’t it? Who knows if the market is correct right now. Repriced, adjusted, revaluation. Those seem more appropriate for the timeframe. More time is needed to tell if it was fixed or not.