[quote=livinincali][quote=AN]I think we’re still far far away from the 90s bubble. I remember buying anything with a .com and your “investment” would go up 50% in a few months.[/quote]
You mean like these recent IPOs
GPRO
KITE
ARDX
ZSPH
VNOM
MRD
ANET
RDUS
AGRX
SDPI
JD
SEMI
TRUE
ZEN[/quote]Back then, you can pick almost any stock (not just IPO) that have a .com and you can easily double your money in a few months. I’m not saying there aren’t overvalued stocks today. I’m just saying the irrational exuberance were much much more obvious back then. You know you’re in bubble territory when everybody is talking about how much money they made from stocks.
Ariba, Inc. went up over 4X in 4 months.
JDSU went up over 4X in 4 months.
QCOM went up 3X in 2 months.
I can go on and on. But you get the point. Not only start up were seeing 3x increase in stock price in a span of a few months. To be in the same scale today as it was in 1999-2000, FB has to be ~200, TWTR has to be ~180, etc.