grinvaldsI covered Etsy (NASDAQ:ETSY) six months ago with a neutral outlook. At that time, I believed the stock was likely oversold after tumbling 80%, having a far superior "P/E" valuation than in the past. I believe ETSY was trading in a clear bubble pattern from 2020 to 2022 as investors overestimated its growth rate based on the temporary impact of COVID lockdowns, encouraging more people to start businesses on the platform. Therefore, my views regarding Etsy mirror those about Fiverr (FVRR). I see  ...