GRPN lock up period expiration on 6/1

[hajimow]

Quote from Pekelo:

Well, so far it is up 3.4%. Or did you mean to short the upgap?

When I posted it was 11.05 (check that out) and now it is 10.90 and will go down more. Rome was not built overnight. GRPN will be less than $1 in 3 months.

 

[hajimow]

FB and GRPN are in my short list and YHOO is a big buy. Patience will be rewarded handsomely.

 

[Pekelo]

Quote from hajimow:

GRPN will be less than $1 in 3 months.

Oh, I have a long term negative outlook on Groupon. (I have a thread calling it a Ponzi scheme). But first, it won't go down that fast, second, while it is going down there will be nice places to go long. (it rallied 20% in the last 3 days...)

I say it will be under $5 in 2 years...Well, let's make it 1 year...

 

[hajimow]

Three groups pump FB and GRPN

1- Morons and stupids. I mean those who have no clue about stocks and financial markets
2- Analysts who are paid to upgrade stocks so they can smoke and pay their mortgage.
3- Evil institutionals who fade on group one to make more money. (Have you ever wanted a stock to go up so you can short more? )