Sat, Jul 26, 2014, 10:19 AM EDT - U.S. Markets closed


% | $
Click the to save as a favorite.

Groupon, Inc. (GRPN) Message Board

tchen389 12 posts  |  Last Activity: Jul 10, 2014 1:37 PM Member since: Mar 14, 2012
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Short float above 20% with the CEO purchasing shares. No way this isn't going back to pre IPO price of $13 - nearly a 100% upside return at this level.

  • Reply to

    CEO Purchasing Stock - Easy Buy

    by tchen389 Jul 8, 2014 1:34 PM
    tchen389 tchen389 Jul 10, 2014 1:12 AM Flag

    I'm talking to the short sellers here

  • No reason this wont return to its IPO price of $13. The CEO certainly thinks this is going much higher. Short float at 21.50%.....dont get caught in the squeeze!

    Sentiment: Buy

  • tchen389 tchen389 May 19, 2014 11:44 AM Flag

    Either way. We'll see what happens in the coming days. We already know another partnership is to be announced on June 11th.

  • tchen389 tchen389 May 19, 2014 11:42 AM Flag

    First, I said that the stock FLOAT is at 35.4 MM (which is accurate). Second, the CEO is in talks to purchase shares (read the earnings CC transcript). So, the only thing of note in your commet is the fact that I mixed "floor" with "pits". Seems like we have another guy on this board with no analysis to support anything.

  • tchen389 tchen389 May 18, 2014 2:22 PM Flag

    "a couple of shares" need to your research. With a +18% short float and the CEO announcing discussion plans with the board to buy personal stock in the company, this is going to be an easy short squeeze. Sillerman is worth nearly a BILLION. Like I said, he's making $1 as CEO, which means that his entire salary (at 65 years old) is going to be solely based on how much SFXE stock is worth. I highly doubt a BILLIONAIRE is going to waste his time at age 65 unless its worth it monetarily. Anyways, the company's current stock float is 35.4 million shares. Doing some simple math, if he buys:

    $10 MM worth of stock = 1.5 MM shares (or 4% of the company)
    $25 MM worth of stock = 3.7 MM shares (or 10.4% of the company)
    $50 MM worth stock = 7.46 MM shares (or 21% of the company)

    I have no idea how much the CEO is planning on investing in his firm, but even a $50 MM investment would only be 6.25% of his net worth of $800 MM. These are the facts. I see you on this yahoo board almost everyday talking badly about this stock without any analysis to support what you claim. I believe in EDM culture and I know its potential. I just bought 6 Coachella tickets this past Friday for $375 each (which sold out within the first 30 minutes) and they have a resale value of $450 RIGHT NOW (check it yourself). Like all tickets, they only get more expensive as the concert date approaches (which is NEXT APRIL). You literally have to have your web browser open at 9:59 AM to be ready to click buy at 10:00 AM just to have a chance at these tickets. At the highest prices last year, these tickets went for $875. Everyone on this board can check these facts through google search. Im just saying, there are people out there willing to pay DOUBLE for the original admission to these concerts (especially come March). This is still a company that Wall Street has no idea exists. None of the traders in the pit know what EDM culture is because they aren't part of the Millennial generation. Just wait

    Sentiment: Buy

  • tchen389 tchen389 May 15, 2014 2:30 PM Flag

    Either way. No need to panic. Just average cost down. This is a long term hold. Sillerman announced in the CC that another major partner would be annouced on June 11th. Tomorrowland in itself should have made rev. around $77 MM for the quarter (an easy beat on rev. and net income).

  • tchen389 tchen389 May 15, 2014 2:27 PM Flag

    Of course. They had to return all the receivables for the concert. Tomorrowland concert is rescheduled for this quarter and tickets are sold out once again. Also, you are correct that Tomorrowland will regenerate $120mm in ticket sales, but SFXE doesn't own all of Tomorrowland. SFXE will probably only see 40% of that$120 MM plus ad dollars.

    Sentiment: Buy

  • Anyone else here listen to the entire CC. I know he said that there's going to be another major partnership/deal to be announced on June 11th, but did anyone else get the hint that he's considering buying shares? Im assuming that's why the stock is up from its low of -20% to -9% (and creeping higher) since the conference call. He took about 5 minutes during the CC to question why the short float of SFXE is around 20%. In his words, #$%$ off" (hahaha).

    It actually wouldn't be out of the question. Sillerman actually guaranteed $200 MM of the company's debt when it first IPO (which I thought was insane for him to do). That was when the stock IPO at $13. The stock is hovering slightly above $6 now and it would make sense for him to back the company now at a 50% discount. Also, he's only getting paid $1 (like most new companies) for his time as CEO and Chairman. Everything that he will make from SFXE is from the rise in its stock price. Right now, he's taking a 50% discount to his paycheck and given that this is a guy who has sold three of his companies in the past, I'm assuming that will be a similar path for SFXE.

    Either way, EDM is where it's at. Repurchases for Tomorrowland tickets (that had to be reschedule until this quarter and thus the miss in today's earnings) has nearly already sold out within the first 3 hours (heard from the CC today). I don't see how this won't, at the very least, revisit its IPO price of $13.00 seven months ago. Lock up has already passed and there's have been no insider sales (granted I wouldn't want to sell at a 50% discount). This is simply a misunderstood company. The guys on Wall Street don't know what EDM is so it will take time for them to realize how pervasive it has become with this generation. I have friends who stay up just to buy tickets for these concerts or else they will sell out before they wake up (not the mention the insane resale values). $800 for a weekend at Cochella?!?! $1250 resale value. That's just insane.

    Sentiment: Strong Buy

  • Reply to

    Even worst than most thought---sell now

    by shhc May 15, 2014 11:10 AM
    tchen389 tchen389 May 15, 2014 11:51 AM Flag

    If you made money shorting you should take your profits and run. A earnings miss due to a rescheduled concert until next quarter doesn't really count as a miss. Clearly whatever blockbuster deal/partnership SFXE hinted at during its CC this morning (to be officially announced on June 11th) is big. Big enough that SFXE isn't allowed to announce the deal itself. That can only mean whoever/whatever this deal/partnership is, its bigger than T-Mobile or Simmon Cowell's Syco Entertainment (SFXE's current partners). Im assuming that's why short traders have been covering since the CC (from -20% to -9% now). I wouldn't be surprise if this closes even, slightly down or slightly, up. Well see in 4 hours.

    Sentiment: Strong Buy

  • tchen389 tchen389 May 7, 2014 1:21 PM Flag

    Clearly, you don't have much knowledge in reading financial statements. This company just went IPO and has little to no debt. And in terms of "overpaying", clearly there's more than enough demand out there to demand a $1350 resale value for a weekend ticket. Explain that to me.

  • tchen389 tchen389 May 7, 2014 11:55 AM Flag

    Clearly you've never been to an EDM concert. Cochella tickets are $1100 for a weekend ($1350 for resale). That's profit I want to be in on. Wall Street doesn't know main street. Once earnings comes out on 5/15, we're headed toward our IPO price of $13

    Sentiment: Buy

6.21+0.06(+0.98%)Jul 25 3:59 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.