Wed, Aug 20, 2014, 11:17 AM EDT - U.S. Markets close in 4 hrs 43 mins

Recent

% | $
Quotes you view appear here for quick access.

Groupon, Inc. (GRPN) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • stockplaza555 stockplaza555 Nov 26, 2011 7:17 PM Flag

    IPO price = biggest SCAM on WS

    How about GOOG, PCLN, RHT, AMZN, BIDU and all the 1000s of stocks (even NFLX) trading above their IPO prices!!

    Do you ever think LONG TERM?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • But those businesses are real?

      • 2 Replies to zeroshok
      • People have said AMZN, PCLN etc. are also not real and sold them to me under $10 in 2000 / 2001!. Thanks to those guys!!

        What makes you think of a company that had over $1 Billion in sales (over $2.5 Billion Gross Billings) in record time in the history of mankind as not real.

        One can question the current valuation and decide to go long or short ... But nothing this company does make me think the business is not real.

        This company is the LEADER in local ad space and LOCAL is where over 70% of the consumer spending (a few trillions in the US) happens!

        If this company were not real, answer these to yourself -

        a) Why did GOOGLE wanted to buy this company?

        b) Why a smaller player with 1/3rnd market share LIVING SOCIAL raising funding with $6 Billion valuation http://www.cnbc.com/id/45361575

        If a second tier company with 1/3 market share is valued at $6 Billion - then what should GRPN be valued at? at least 3x that .. or even higher?. If Living Social is $6 Billion, GRPN could be at least $30 Billion as the industry leader in the space?

      • It's not, really.

        Naked shorting is the biggest scam on WS, actually. Illegal, but overlooked.

        Low float IPOs are just a legal dirty trick (they disclose the low float to begin with, so you kind of go in knowing to expect a squeeze. Some people/institutions even bet on the squeeze happening.)

 
GRPN
6.20-0.03(-0.48%)11:17 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.