Following the big falls in share price for some of the high-priced growth stocks he identified on Livewire in February 2016 <a href="https://www.livewiremarkets.com/wires/30501" target="_blank" data-event-type="click" data-event="link_click">(VIEW LINK)</a> we caught up with Jeremy Bendeich, Chief Investment Officer at Avoca Investment Management, to find out if they were looking more attractive. “We think that some of those businesses have had the fragility of their business model exposed, so the PE can never re-rate. In other cases, there's a good business there.” While it can be tempting to try to ‘catch a falling knife,’ he says they’re not buyers at this level as they still expect “a significant rotation out of these types of stocks.” In the video and transcript below, he explains how and why they identified the 2016 ‘BITBAD’ stocks, and explains why he thinks there’s still further falls to come.