Probably mid/ low 20's and then they'll let her drop to 18-19 on Monday as weekly Opex Max-Pain 21.00 is over now.Then another nice red candle on Tuesday to 17's and Wednesday maybe 15-16. Just my guess. The fundamentals do absolutely not support this POS being in 20's. This is a 10 stock at best.ZNGA reporting on Tuesday and will most likely miss, will put GRPN even lower too.
Yes, fundamentally you are absolutely right but if they manipulated price for weekly max pain why would they allow such a drop in monthly expiration week (which have also $21 max pain) ?
I was pretty close am i not?
19.9 and then to 18
20.55.....close is more interesting. I will start a new thread.