stock way below IPO price...look for funds (which brought company public) to push stock up back above IPO price of $20.00 in coming days. I have seen this time and time again
I just don't see how this company is worth 10.68 All the estimates I have read lately put groupon between 5-8 billion tops if everything goes as planned. All the institutions already sold during the IPO for a nice 20% gain.Who is going to buy this stock now and burn their money?
Buying On weakness.....http://online.wsj.com/mdc/public/page/2_3022-mfgppl-moneyflow.html?mod=mdc_uss_pglnk
they really should've had some black friday specials.this "quiet time" for recent IPO co. can be tough. they can't get in front of the story (the falling pps).i agree the price is attractive. esp. since they want to use the IPO $ to purchase other companies… + the low float.may 2 insiders can dump their stock. THAT should be interesting.i think IF Mason only wanted the $ he'd have sold to Google. think he wants to build a bigger co.