Joel M Funny how news seems to agree that FB is overvalued, but then turn around and say LNKD, GRPN, CRM have great growth potential.
5/29/12
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Bob de'Long: News seem to focus on today or the very recent past. They claim to find the cause for what has happened. It is history and history is bunk.
5/29/12
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Canary Cash: Add FIO to that list, which isn't bad, just another one they might want to complain a little louder about
5/29/12
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Joel M: It just strikes me as blatant that the market isn't based on sound math and value but rather on hype as of recently.
5/29/12
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Joel M: My strategy? Ride the momo train and reinvest in long term puts. Someday this is going to end badly for a lot of companies out there.
