Posted by: beautifool March 27, 2014
Are we about to see Market Crash like 2008-2009 ?
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I feel the same and my stocks are down as well...lol. However as I posted about facebook at 64 and today it is 58, I don't know where it will be in the next few months. Price to earning ratio is very high for these fashionable stocks like Tesla, Amazon, Facebook and Twitter. A friend of mine, after my multiple requests ended up buying Tesla at 250 (hoping it will reach 800 next year). Stock price and market cap are 2 different things and it takes like how you start to learn cycling or swimming and how you end up actually being able to balance yourself, same thing with stock price and market cap. We pay too much attention on stock price but we should be paying attention to market cap.
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