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ZeroHedge: Face-Off: FaceBerg Groupon’d At Half-Off IPO Price
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
“And yay verily it was written that as the moon passes thrice through the sky after providing your funds to the IPO-of-the-decade, thou shalt see said funds smite in two…” Faceberg just touched $19, that is a 50% haircut on its IPO launch price from exactly 3 months ago – but as CNBC’s Simon Hobbs seems convinced…what about the short-interest? Ask JCP or GRPN! Well, easy come, easy go. Just ask Mark, who has lost half his net worth in 3 months. Do we feel bad for him and his $9.6 billion? No. But we will check back in another 3 months just in case.
via zerohedge
2012-08-17 15:39:53
Source: http://silveristhenew.com/2012/08/17/face-off-faceberg-groupond-at-half-off-ipo-price/
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