Another stock gets added to my Imploded Stocks column.
Dotcom bust all over again, but bigger after 13 years of money printing.
But the mayhem started beneath the surface in Feb 2021.
Meta? Didn’t it just spike? Friday is going to be interesting.
The cash-burn machine needs new fuel.
Shares collapsed by 68% since November. $205 billion evaporated. FANGMA without the N.
They sure made hay while the sun was shining.
It would be funny – if it weren’t so serious – how this stuff is imploding, and Wall Street, which created it, is now washing its hands of it.
The end of a truly amazing era.
The hype-and-hoopla era was just so much fun while it lasted.