Panerai popularity winding down?

[psv]

We've all seen/been amazed by the meteoric rise of the Panerai brand/popularity/2nd hand pricing over the last decade or so but it seems to be that this demand is softening quite a bit. I see lots of Panerais for sale, it appears to be that they no longer collect the prices they did (while actually collectible Rolex prices are still rising). I actually suspect that the Panerai hype is coming to and end, sure, they will still have a strong following and a viable future but definitely not a cult anymore.

Anyone else noticed this or is it just my imagination?

Cheers,

Patrick