Completely awesome.
http://www.cnbc.com/id/48336908?__source=yahooI hit both of these stocks, spot on. I bought Sprint in 2010 and have been holding on (at a loss) until I broke even about two weeks ago and now am in the green pretty big. It looks like I'll be able to sell out once I double my profit.
Zynga if you recall I bought as a very short term (held 3 months or so) holding due to my view of the social-media madness/bubble. I bought in December at $9.60 and sold in March at $13.13 for a nice chunk of change. Well today Zynga is at $3.05 and it will never ever get as high as it did when I bought it (much less sold it). It's a broken company that is going to fail (or be bought out).
Today the social-media bubble popped. Facebook provided it's first earnings report as a public traded company, and they merely "met" expectations for the most part. Facebook is going to take an ass-ramming tomorrow along with Yelp, Groupon, LinkedIn and Zynga.
Whoot. Overall I've made some pretty good decisions over the years! Bank of America was my worst - I'm down 70%, BUT I knew it was unbelievably risky so I only put in $500 total into it. So yes the percentage loss is horrid, but the value loss is not much at all.