Cablevision Deadly Embace with Debt

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By Ilia Frankstein. Irrational exuberance of the market has no limits indeed. From LinkedIn (LNKD) trading at over 1000 P/E and Saleforce (CRM) trading at 650 P/E to little known PRXI (PRXI) trading at 36% of its book value. While LinkedIn and Saleforce are not ideal candidates for shorting after careful consideration there are some companies…



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