Monday, July 20, 2015

Fracking Shellacking

At the moment of "peak wealth" (one year ago) fracking stocks had the shelf life of a rotten banana




Chinese internet stocks had somewhat less than that...




The world's largest IPO Alibabylon, lasted about a minute




El Pollo Loco Pump and Dump: See every other IPO from the past two years...






Etraders are hiding in revenueless Biotech IPOs (below), and Netflix (not shown), which are next. 



Followed a few minutes later by the Dow.

Really hard to "predict" what has already happened.