Recently, Coupons.com (COUP) shares have been levitating, enjoying a breathtaking rally that took the stock in a 10-session parabolic move from about $18 up to a high of $32.50 on Tuesday, June 3rd, before closing at $27.30 on Friday, June 6th.
(click to enlarge)
With such a move, one might think that the business has dramatically improved or that some major news has changed the dynamics of the industry or even that some take over news is coming.
But if you look closer, you will quickly realize that what took COUP to this unreasonable valuation is more of a technical nature and not fundamental and that this valuation cannot be sustained by the fundamentals and earning prospects of
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