Flopbook is groupon mk2.
The fundamentals don't support the price, that simple.
At this stage there isn't natural price discovery with the short sell restriction either.
Muppets are sold the IPO by the best in the business, Goldman and friends.
The best part is Zuckerburg.
Young astute guy, who retains control of the company and made Goldman drop their pants on the hurt money (fees).
Respect.
Mav
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