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Marc Chaikin
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After forty years on Wall Street, Marc founded Chaikin Stock Research in 2009 to level the playing field by delivering professional-quality stock tools to self-directed investors. He created Chaikin Power Tools to empower individual investors with unbiased, professional-quality tools once... More
My company:
Chaikin Power Tools
My blog:
Chaikin Power Gauge Stock Rating Blog
  • Facebook (FB) Would Have A Bearish Chaikin Power Gauge Rating 0 comments
    May 23, 2012 2:39 PM | about stocks: FB

    Facebook (FB): Key Factors Point to a Bearish Chaikin Power Gauge Rating

    Even though we need one year of data to compute our 20 factor Chaikin Power Gauge Rating, we know that Facebook would have a bearish rating because four of our key factors are clearly bearish.

    • Valuation is Very Inflated
    • Insiders Have Been Selling
    • Chaikin Money Flow is Bearish
    • Chaikin Price Trend is Down

    We have even more evidence to support that conclusion.

    Renren (RENN) is called the "Facebook of China." As a social network whose shares have been trading in the U.S. since May of 2011, RENN has had a bearish Chaikin Power Gauge Rating since May 1 at a price of $6.33. It closed at $4.72 today, down -25% since the Power Gauge turned bearish.

    The Facebook Power Gauge Rating would also be bearish today and will probably be bearish in six months.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: tech, high-tech, facebook, fb, renn Stocks: FB
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