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Groupon, Inc. Message Board

  • whyiloveamerica whyiloveamerica Feb 21, 2013 5:27 PM Flag

    Big day tomorrow!

    If the market is flat or up, we should break $6 and keep moving north. Good chance of $6.50-6.75 by earnings I believe.

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    • They got to fill a gap that has had no action, that is except to .17 cents above 6. The last two earnings the price has tanked the day of the earnings. This gap from 6 to 7.25 happened on 8/12 earning day. Since the price has never been below the gap, there is no squeeze play in the gap making it a canyon short from above. The shorts who are sitting on the throne above will probably sell big time on the accumalation from the 2 area to keep the price in check. Do not see a lot of covering seeing that the price on the IPO was really high and the shorts worked this one down from way above.

      They are going to spend the bucks to move this up even to the area that u are predicting for sure. GL with that

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