haha, way to prop up your long position by mentioning a sick child that you know. I don't blame OPC11 for jumping all over that. I think you are sicker than him.
So if they assumed 2014 will as "good" as 2013, then 2014 full year eps would be a LOSS of .06 per share, like 2013. Analysts were estimated .02 for 2014. What other positions are you holding?
After a series of earnings misses among the drillers, I no longer think there is a conspiracy to bring down the sector yes, the sector is weak, no doubt, but the bearishness is overdone, especially with SDRL. Where can you find a stock yielding a divvy over 10% AND growing revenues and EPS above 15% for 2014 and 2015?
If we can find another stock (outside of the oil drillers) with similar divvy and growth, I'm buying hand over fist.
Yup, you are right, but a few more days going down 1% will do the trick, I don't foresee major dips, but impatient longs will sell if this doesn't start going up by wednesday....
You can't be serious.... there's an obvious downtrend, and the business is broken, but the likelihood of at least a buyout rumor is high, and if that happens this rockets past $12.....
I can't stress enough that I agree with how broken this business is, but it still has hundreds of millions of customers world wide and idiot companies with too much money like FB and GOOG are overpaying for loyal users.
Remove any possibility of a buyout and this will run down to $6 imo, and if the market macro trends get bad, it could see $4.... but thats almost a perfect storm scenario
its not, I think Yahoo isn't right.... they sometimes get the ownership wrong... seen it with a few other stocks....
I sold some of my position in the premarket..... I'm with you, business is broken, need a buyout desperately. They still have some cash and I like the daily deal bargain hunter demographic, but management sucks.
Lets get to $8.50 today so I can sell, I could care less what happens after that.
This guy isn't an expert, just another investor/trader like you and me that is a good writer with some decent knowledge about stocks.
I won't lend much credence to that article, the hope is that this goes on the selling block, a lot of companies would pay handsomely for the mobile dominance in local that Groupon possesses.
The business is broken and needs to be fixed, hence the 20% sell off on Friday.
Nevertheless the idea is solid gold, there will always be bargain hunters, its a huge demographic.
So retail like myself doesn't own any shares? I own 15,000.... I guess you are trying to say that because there is so much institutional and insider ownership that this cannot go down, but that thesis was proven wrong on Friday. True many big players own this, but big players also dump shares like anyone else.
They are not always in cahoots, sometimes Barclays sells a stock, while Morgan Stanley buys it.
Agree 100%, unfortunately they were trying to placate Wall Street, and in turn they now don't have a surgical focus.... nobody knows what Groupon is anymore... used to be obvious that they were the local daily deal and flash sales leader.... what are they now?
thanks for your concern, it means a lot, hopefully this will keep going down so you make a killing shorting, you see I care about you and your wealth too!!!!!!
Enjoy watching your fat person blubber porn videos
Man, you think shorts are that deceptive, telling you that they are long, so they gain your trust, only to mislead you into selling?
And Israel is George Bush are responsible for 9-11.... don't be silly man.
I'm a long, I want this to go back to $8.57, thats my average cost, but I'm not bullish, not because groupon sucks, but because Wall Street voted a big fat, #$%$ to Groupon on friday.
Don't you agree that it takes a lot of time for a stock to get back into favor?
Not a darn thing I am saying is unreasonable, but yet you don't wanna see any bearish scenario, that is a recipe for disaster. You should always have some pessimism, in trading, and in life.
Anyway, I hope we get back to $8.58, so I can sell and get off this board.
My friend, I appreciate your optimism, but you don't do your due diligence or homework, you look at the chart and see a small bounce after the ER on February 28th 2013 and seem to think this just popped back up for no good reason. Andrew Mason was fired the day after, thats what made the shares go back up.
Believe me, I am long, I am down $9500, I am sick, I am depressed, but I won't cloud my mind with false hope.
Unless they come out tomorrow and announce a massive buyback, or that they are firing Lefkofsky, which won't happen because they don't have anyone to replace him with, or that they are putting themselves up for sale, Wall Street won't be impressed.
This may come back up to $9, it very well could, but do not bet for anything above $9 before next ER, and if next ER turns out well, and guidance is good, this could just be a short term blip, but I don't see it that way.
The chart looks ugly, the selling volume was the most massive I have ever seen on friday, and believe me I was watching every tick down, every second, watching my $$ vanish. I was hoping for some kind of bounce on friday, but it never came. We will see some type of bounce this week, but don't expect any type of real recovery in this stock any time soon, unless DRASTIC action is taken again.
In Wall Street's eyes, the business is broken, again.
They lose money because they don't have businessmen at the helm, just serial entrepreneurs.
The concept is good, but management sucks.
Your telling me there is no need for a leader in daily deals and flash sales?
Imagine how simple it is to have any new mobile user click 10 different interests, whether they by food, massage, hotels, electronics, etc and every day in the morning have any new deals, and a few from the past couple days. If the user wants, they can also search for a category and get killer deals in seconds.
Management sucks, they better get some sense and realize they need someone else to take this to the next level.
There was an old interview with Cramer that I saw where he talked about creating false rumors by calling up investment houses and brokerages and making things up out of thin air to influence the share price in one direction or the other, depending on if they were long or short.
This is a case where I'd love to have the power to be able to perpetuate this rumor, do you know how to create a fake news article? I'm being 100% serious.