Maybe Valuations Do Matter | Zero Hedge

GoPro – Down 83% since August
Twitter – Down 65% since April
Fitbit – Down 63% since August
LinkedIn – Down 27% since March
Netflix – Down 20% since December

Amazon – Down 17% in last two weeks
Google – Down 10% in last two weeks
Facebook – Down 14% since November

These heavyweights are overvalued, overbought, and over owned. They will need to fall at least 50% to be fairly valued.