grpn is dead

Forum: Investments
Author: [Investments] Topic: grpn is dead
hotdamn85 PM hotdamn85
Joined: Mar 2011
Posts: 1427
 
hotdamn85
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Posted: 8/13/2012 6:10:35 PM
http://finance.yahoo.com/q?s=GRPN&ql=1

wooooow


19% down after hours...

IPO to rake in and leave wall street/main street w. the bag
bigvern1013 PM bigvern1013
Joined: Oct 2006
Posts: 2384
Montana
 
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Posted: 8/13/2012 7:05:55 PM
52wk Range: 6.35 - 31.14

That about says it all......no one has the slightest clue what this thing is worth.....this was a classic analyst "pump and dump".

Rush51 PM Rush51
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California
 
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Posted: 8/13/2012 10:42:04 PM
The track record for Social Media is not all that great... Zynga, Facebook, Groupon....
FrankShades PM FrankShades
Joined: Nov 2004
Posts: 112
Connecticut
 
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Posted: 8/14/2012 10:52:14 AM
All of the stocks you mentioned never made sense to me in terms of the hype they were getting. At the end of the day, there users mostly are taking advantage of free services. Not sure how you can sustain long term revenues/growth. Once there became a cost associated with those stupid facebook games ppl quickly quit. Zenga/Facebook's best revenue maker that I could see would be gambling if online gambling is legalized in the U.S. People would be interested in knowing who they are playing against IMO. However, this bares no resemblance to their core business which in Zenga's case especially is steaming trash.
Posted using a mobile device.
atlasshrugged PM atlasshrugged
Joined: May 2008
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Massachusetts
 
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Posted: 8/14/2012 10:55:07 AM
Great examples of what naturally happens as predicted by the charts when a stock is not protected by the magic hand of Bernanke.  Prior to Central Banks controlling equity markets almost all stocks could fall of a cliff like these when they deserved it.  now you also have to account for if a stock is on Bernanke's list of "Stocks critical to the Kool Aid effect" like AAPL, AMZN, GOOG, BAC, GS, MCD, IBM, etc.   
hotdamn85 PM hotdamn85
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Posted: 8/17/2012 6:30:24 PM
going to 3$ holla if u hear me
Dutch1976 PM Dutch1976
Joined: Sep 2010
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Posted: 8/20/2012 12:06:05 AM

Groupon had way to much hype behind it. I signed up for it awhile back and seems like all I kept getting were offers for 50% off a day at the spa and 50% a dozen cupcakes.

I stopped reading their emails after a couple of months of bullshit offers.

mainmanmainman2 PM mainmanmainman2
Joined: Feb 2011
Posts: 4357
Antarctica
 
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Posted: 11/1/2012 1:55:12 AM
GRPNNNNNNNNNNNNNN  -7.83%
bill702 PM bill702
Joined: Jan 2009
Posts: 2205
Nevada
 
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Posted: 11/9/2012 2:10:45 PM
I think it might be worth a little gamble now. I got 1000 @ 2.75 hopefully it will get a little pop.
mainmanmainman2 PM mainmanmainman2
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Posted: 11/9/2012 11:10:13 PM
yay a lil pop. but i'd run in the long run
wallstreetcappers PM wallstreetcappers
Joined: Feb 2003
Posts: 51361
United States
 
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Posted: 11/9/2012 11:42:35 PM
Its highly likely a zero longer term..


bill702 PM bill702
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Nevada
 
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Posted: 11/10/2012 2:01:18 AM
They still have a boat load of cash. I don't know how this was ever above $10, but at this level I think it's worth a little gamble.
bill702 PM bill702
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Nevada
 
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Posted: 11/22/2012 3:21:28 AM
It's alive!! 
hotdamn85 PM hotdamn85
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Posted: 11/22/2012 11:58:49 PM
sweet job bill... hope u made some DOUGH!
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