Piper Jaffray maintains Overweight on Groupon, price target of $5.50.
From here we are talking about a 58% raise. Not too bad.
Then, if we can stabilize in the $5 area, financial institutions/indexes will have to buy GRPN back. From there road to $10 should be pretty smooth.
One fact I would like to underline: under R.Williams, current CEO (since dec 2015) :
Every single earnings CC, GRPN has beaten estimates by at least $.01.
Revenues: 2016 Q4 has increased year over year that justified a run to $4.75 in February. Now if Q2 rev show improvement (in 2016 Q2 rev were $750M) now analysts estimates just $670M, a big stock price rise is possible. If rev come at 700M+ we might see a 20% rise in stock price that day alone...
Dear Spammers....Regardless of whether your stocks are "Awesome" or not, your spamming isn't appreciated here, so please #$%$ off!
Pre market up 4%????
Another upgrade to 5.50 price target. Analyst says the international unit could be worth $1 per share in a sale.
It didn't take long for the bashers to return even when the stock drops only .02. I prefer the quiet days like Friday when all the trolls stayed in their holes.
Short interest decreased ever so slightly during the most recent reporting period. This is 3 consecutive updates where short interest has remained at or below annual lows. Total short interest is just over 36M shares which is still high considering the float. The trend is positive.
sinking I guess no takeover this year back to 3
Up early down late everyday...manipulation
This stock opened at 2.90 the other day which was strange and the has done nothing but go up ever since. Short covering or new buyers seeing value at these prices?
GRPN moved from Russell 1000 to Russell 2000 where its weight in the index increased causing demand for shares that is why the increase in volume and share price. GLTA
Does anyone know anything that might explain today's rally and extremely high volumes both during the market hour and after market hour?
traditionally Traditionally Q2 is good. It's Spring and people start go out a do stuff. And they buy groupons... That is why we are getting the pop. Anyone shorting until Q2 is released would take a big gamble. After Q2 then maybe. Bottomline: to bring this stock back to $8-$10 this year, (totally possible) all management has to do is that some initiatives are taking off. Like the credit card embedded discount. If we get some traction there (with a big name like Amex, or similar) then this could be overnight a double digit stock. Keep in mind that there are stocks in the same sector out there with financials similar to GRPN and trading with much higher multipliers, which means a $10 stock price is absolutely reachable.
I wonder if MZ met with Board Members of GRPN, Uptake while he was in Chicago yesterday. There are a few synergies to be had between these two companies.
Analyst initiated Grpn target price to $4.23
Bingo! Today Grpn jump up to $3.5 soon
Shorting coming back .
Strong volume on strong gains. I was in this stock at 3.90 so it would be nice to above 4.