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Facebook On The Defensive

MarketFoolery

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Is Facebook a Giant?

Do you think this raises the bar in terms of how good this thing needs to be when they launch it? I'm not betting against that. People have lost a lot of money betting against facebook over the years. Risk is there, but it doesn't materially affect the underlying business of facebook. And o to realize that, all you have to do is look at the performance of this stock over the past decade.

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