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Whatever you may believe is the cause, Carbonite is the Stupid Investment of the Week.
Stupid Investment of the Week highlights the conditions and characteristics that make a security less than ideal for the average investor, in the hope that spotlighting trouble in one case will make it easier for consumers to sidestep danger elsewhere."
Don?t ?rush? to Carbonite shares - MarketWatch
A perfect example of how thoroughly brainwashed DittoNutzis are! When exposed to the truth about their MessiahRushie they are programmed to block it out as a lie.
First of all, your OWN link points out that Carbonite was north of $20 in August 2011, it actually hit $21.10 Aug 16, 2011, and it was at $9.50 when they wised up and dumped the Pinko Slime of Politics. Do the math, that's a 55% drop in value while advertising with the pathological liar.
From YOUR link:
Carbonite went public early last August, debuting at $10 a share; one thing that distinguished the stock from many other late-in-the-year tech-sector IPOs is that the firm did not pick up an immediate cadre of short-sellers. That, plus the prospects for the business an emerging niche in the computing segment pushed the stock north of $20 per share.
And the 8% is over and above the 12% loss The Doctor of Duplicity tried to take credit for. It is at $10.25 now, 8% higher than the $9.50 when they dumped Stuttering LimpBoy.