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Groupon, Inc. (GRPN) Message Board

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  • draganvistica draganvistica Dec 9, 2012 7:45 PM Flag

    I shorted just before the close on Friday and will ride #$%$ all the way to $2

    its official, regardless of fact or fiction to take are an idiot!!!

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    • We will see tomorrow.I short very very rarely, but this one is easy money. I am not a day trader either, but I buy and hold good companies, garbage must be shorted to make some quick money. Whoever the ... you are, note that I did not insult any of the longs. I understand that this is an open message board, but I did not say that you or whoever went long is an idiot or whatever, everyone is trying to get some value of their investments or trades.

      Sentiment: Strong Sell

      • 3 Replies to jjon784
      • You are shorting into a short squeeze. That is a dangerous play.

        There is high short interest in this stock already and all the shorts have had a terrifying weekend of worrying about what will happen on Monday. There will not be any news, but some segment of the shorts out there are too scared to stay in and will start covering in the morning. This will cause a moderate rise in the price, which will scare the remaining shorts and trigger a short squeeze. Expect it to close between 5.25 and 5.75 tomorrow.

        Sentiment: Strong Buy

      • i concur jjon...this company is losing more than $200m including any non cash items like depreciation! why would a solid company like GOOG buy this thing? and even if they did lets say to write off losses for tax purposes why the heck would they pay $6.0b for it? if i was goog i would low ball and pay $3.0b which would equate to $4.58 a share, which is below the clost friday.

        Sentiment: Strong Sell

      • I thought you might be the typical short on here, my apologies therefor. I'm not a fan of shorts in general.

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