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Priceline Another Bubble Stock In A Bubble Nasdaq Market

Priceline Another Bubble Stock In A Bubble Nasdaq Market

By EconMatters

We discuss Priceline setting a new record high as another example of an overvalued tech stock in an overall tech bubble with a 41 p/e, very reminiscent of the 2000 tech induced market crash, with a bunch of over valued tech stocks leading the markets to unsustainable record highs, only to crash to record lows wiping out years of gains in six months. We have hit the Euphoria phase of the stock market bubble!

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