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Groupon, Inc. (GRPN) Message Board

  • omnesion omnesion Nov 25, 2012 9:17 PM Flag

    GRPN IS A GOOD BET AT THESE LEVELS

    I'm not a short or a long. I'm just a trader who makes the smartest play on any given stock I choose to own. At these levels, the pros far outweigh the cons for GRPN, but only if you're willing to take the risk. I seriously don't see a bankruptcy in their near future, and I do think you'll see improvement in earnings over the next year, but anything can happen. We may see a pullback before the end of the year at some point. It might be tomorrow or all this week. It might make a run for $10 before Christmas. The one thing I'm sure of is this: it's in play, now. Big money is playing it, which brings news and attention to the stock, so, purely as a momentum play, it makes sense to bet on it going higher if you bought in the $3 - $4 range, at least over the next month or so. Beyond that, it's anyone's guess. This is a good link: http://seekingalpha.com/article/1025521-6-growth-stocks-with-big-upside-potential

    Sentiment: Buy

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GRPN
6.29+0.06(+0.96%)Aug 22 4:00 PMEDT

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