When do we get an update on short numbers and any comments on today's action on Grpn. It seems like it wants to move higher but can't.
Sentiment: Strong Buy
Its up 2-3%. Trading quite well today. 5.00 is huge, the shorts are going to have to go up to 5.50 to 6.00 to find the millions of shares needed to get flat.
Black friday was GRPN's biggest sales day ever. Twice as much as previous black friday. Xmas is 3-4 times more sale than last year.
Now using their 250,000+ busniesses they will take on AMZN by selling goods though their lastest Acquisition.
PS shorts: A company with 1.00 in their own cash, 3 dollars total cash per share and able to aquire others in not going BK... its growing.
Thanks for the input. I agree 100%. Dont forget to add the MLB deal as well as broadway shows.