IMHO "this mob" has got "their act together". They are a classic tech growth stock whose value is based on future earnings. So when the market sees a lift in long term bond rates as has just happened that can cause a run on such stocks. Personally I am not that concerned and will hunker down. NEA has not been singled out and indeed the level of shorts has been dropping - down to 4.6% on the 18th Feb.
I see this as a temporary correction but then I could be wrong.
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IMHO "this mob" has got "their act together". They are a classic...
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