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Groupon, Inc. (GRPN) Message Board

  • omnesion omnesion Jan 10, 2013 2:09 PM Flag

    This will go to $6 next week ...

    We've seen the 50 day move slightly upwards, we've formed a new bottom near $5, and I saw the MM's holding the price down (plus they drove it down this week) today while steady accumulation occurred. They held the bid FOREVER then would let it go a little, then repeat. Classic. That's more big money coming in, and this stock is already over half owned by big money. Plus, and this might just be a trend that started in the past couple of months that I've owned it, but this stock always seems to have a good week, followed by a bad week, then a good week, then a bad week. That the bad weeks aren't as bad as the good weeks are good is a good thing for the pps. Good luck and hold on.

    Sentiment: Hold

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