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November 27, 2012 at 09:18 AM EST
Stock Downgrades: Time to Disown Ancestry.com
MINYANVILLE ORIGINAL Those who dismissed the fiscal cliff as little more than Y2K redux enjoyed echoes of the irrationally exuberant late millennium stock market yesterday. Upbeat analyst comments on a money losing Internet outfit sent Facebook (FB) surging 8.09% and EntreMed (ENMD) — which once rose 330% on a single day in 1998 amid hopes it would cure cancer — jumped 24.46%.   And Dell Inc (DELL) the best stock of that entire decade up a tidy 89 374% climbed 4.14% in defiance of an otherwise down day. Aéropostale (ARO) fell 4.71% but if its check got lost in the mail fear not  for it will arrive eventually. And creamy spreads ...
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