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Tag: tech stocks

Facebook’s “Dead Last” Chart Reveals a Troubling Fact – Keith Fitz-Gerald – Money Morning

I’ve made no bones about my feelings for Facebook Inc (Nasdaq: FB) – that it’s overrated, a flash in the pan, and ultimately doomed.

Yes, the company just knocked the ball off earnings yesterday. And the stock is up 4.86% as I write this. But I really couldn’t care less what happens in the short term. I still can’t get behind its long-term potential.