Facebook has dominated the talk on Wall Street since going public on May 18. But after the hype and excitement surrounding the $100 billion deal, the chatter has been for all the wrong reasons. The stock plummeted from its offering price of $38 a share. Technical glitches, overvaluation and questions about the business model created disarray and confusion. Former star technology analyst turned investor Dan Niles expected all that. Today he is among the happiest Facebook investors because he bet against the company. I caught up with the manager of the AlphaOne Capital Partners $100...
Source: http://www.realclearpolitics.com/2012/06/18/the_man_who_bet_against_facebook_amp_won_282691.html
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