
Ep. 21: Michael Covel Monologue on Trend Following Radio
Michael Covel's Trend Following
00:00
Facebook's Going Public
Facebook is a fantastic communication device. If you want to take a flyer on Facebook, bet a small percentage of your capital on it. I mean, this thing could go down and sit, sit in the toilet for the next five years, 10 years for all we know. But clearly, if you look at the stock price over the last couple of weeks, you got to know this is a big gamble.
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