I'm long and with a looming buyout or aquisition, I can't stand to not stick it out .
Starting with himself! Cramer was the biggest skeptic I know and bashed and beat Grpn like a dead horse! On national tv, on "the street"...etccc it was like he was being paid to bring it down. I watched him in dismay and now that we are on fire and kicking... He is back trying to be a master of the obvious. What a sharlatan! Get bent Cramer, you are just an entertainer with your own agenda when it's convenient.
I will see GRPN hit the high teens after buying in the law $2s. Egg in your face clown boy!
As we approach Friday, I hope to see us break $6 easily and who knows what Friday after hours can bring. Maybe BABA or AMZN at around $18 per share? Being short now is a fools game In my opinion.
We are on the fast ride up, being shirt is a dangerous position with Grpn. We will see $7, $8 and higher very soon.
... Or it could just be the shorts covering. There is a lot of pain out there if you were short into earnings. I gave my opinion about that before the earnings report. This company is too strong and has too much money. Now it's not just potential, they have made the right changes in the business model. If we have another quarter like this one we can be looking at another high flying stock certainly well above the IPO numbers in a short period of time. I wouldn't bet against Groupon, this is a strong company in my opinion and one that will continue to strengthen my porfolio!!
Seems like we either get bought out or we go right to $8
I would hate to end a strong week short. Buyouts happen on Friday nights or Monday mornings. Cover while you can because there is absolutely nothing g negative in the horizon for groupon right now. If I was BABA or AMZN or FB... I would make a bid before this stock shoots up to $20 per share and becomes too expensive to buy. Obviously the O2O platform is working
I see us going to at lease $8 in the next few months. Just an opinion folks.
Still lots of covering. Don't want a buyout unless it's $14-20. Either way a short would be destroyed if a buyout occured. We finish green everyone, let's say $5.12-$5.27?
Sentiment: Strong Buy
I feel for anyone who went into earnings "short", that must have been maximum pain. I do believe their is still more short covering to occur as options expiration a and margin calls keep coming in??
We have been rewarded and I hope to ride this stock all the way into the double digit territory. Don't need a buyout... Don't want a buyout!! Just want to ride her clear into the high double digits. A buyout now will be an easy $14-$28. Who the heck would risk being short for that? Only a suicidal foool!