White With Fear

Well, that’s-so-2005 Facebook FB is clearly an utterly broken stock. After its 50% plunge in value, it went through the preposterous counter-trend rally of March 15-29 and now is succumbing to reality once again. I would not be shocked if this was a double-digit stock in a year.

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This is bleeding into the aggressive FNGU fund, which is a disaster unto itself.

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