When it comes to picking out specific stocks that are the most overvalued, ironically, it's mostly the tech titans that top the list. Netflix (NFLX), which recently had its comeuppance with a large earnings miss and a loss of customers, has the dubious distinction of being the name that most of our money managers (17%) deemed overvalued. Not far behind were Salesforce.com (CRM), Amazon.com, Apple -- and Chipotle Mexican Grill (CMG).
Volume is going down big time. Not worth a play. I was lucky to sell my $340 PUTS for $19-20 range. Buying again or shorting..not worth for a chance.