Another set of retail investors..aka, dumb, naive 'hope and change' sheep, who have been systematically fleeced.
GRPN, daily
FB, daily
Summary
The over-valued and over-hyped piece of junk that is GRPN hit new lows today. Ohh the hilarity of seeing Mr Market bring out the hammer.
FB will follow GRPN of course..there is no doubt.
GRPN fair value - 10 cents...and that is probably being overly generous.
FB fair value - $4, and that's assuming someone doesn't start a website that is better.
