Even analysts on the various financial clown channels were today suggesting outright that GRPN is headed for 0.
GRPN, daily
A move below $15 will open the door to 0. Now, I certainly don't expect this company to implode in the near term, but price wise, a move into the 14s this week, will probably guarentee single digits sometime this month.
I am meddling in this nonsense - not even on the short side, GRPN is merely there for entertainment purposes.
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*makes me wonder just how the Facebook will fare. It would be hilarious to see that much-touted 100bn valuation proceeds down to around...$5bn. Whether it takes a year, or a decade, I don't care, the facebook ain't worth 100bn.
