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FairPoint takes investors on wild ride

Bulls say volatility in the telco’s share price is worth it, but bears are steering clear

By Leah McGrath Goodman Illustration: Joe McLarenRarely has a stock so brazenly confounded the experts — while also placing them under its spell — as FairPoint Communications, a long-struggling, recently bankrupt telecommunications company in Charlotte, North Carolina. Since emerging from bankruptcy in late January, FairPoint has shed more than four-fifths

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