Imagine you had $1.5 billion. In cash. Just sitting around at your house. Now imagine dumping this load of cash in your backyard, dousing it in gasoline, lighting a match, and setting it all on fire. That’s exactly what one company did Monday morning as it abruptly declared bankruptcy. And not only is this bankruptcy bad for its stock (shares dropped an eye-popping 90% on the day), it’s also a potential problem for other momentum-driven tech trades. Greg Guenthner explains…
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