GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Groupon Shrs Falling Apart; Off 35% In 3 Days

vsex · 11-23-2011, 09:53 AM

"Groupon shares are falling apart.

In an ominous development for the Internet IPO market generally and the daily deals sector generally, investors are walking away from the company?s shares. Groupon went public earlier this month at $20 a share, closing at $26.11 on the first of trading after briefly trading as high as $31.14. The stock stabilized in the $24 range for a few days, before hitting a new closing high last Friday at $26.19. But this week, Groupon holders have no reasons to be thankful; the company?s stock is looking like a turkey.

Today, the stock is down $2.84, or $14.2%, to $17.23, and has traded as low as $17. For the week, the stock is down about 35%.

So, why the big sell-off? Maybe because the company has an unprofitable, largely non-proprietary business model with a zillion competitors? But we all knew that before the IPO? didn?t we?"

article here

11-23-2011, 09:53 AM
vsex Confirmed User Industry Role: Join Date: Aug 2010 Location: East and West Coast Beaches Posts: 1,277	Groupon Shrs Falling Apart; Off 35% In 3 Days "Groupon shares are falling apart. In an ominous development for the Internet IPO market generally and the daily deals sector generally, investors are walking away from the company?s shares. Groupon went public earlier this month at $20 a share, closing at $26.11 on the first of trading after briefly trading as high as $31.14. The stock stabilized in the $24 range for a few days, before hitting a new closing high last Friday at $26.19. But this week, Groupon holders have no reasons to be thankful; the company?s stock is looking like a turkey. Today, the stock is down $2.84, or $14.2%, to $17.23, and has traded as low as $17. For the week, the stock is down about 35%. So, why the big sell-off? Maybe because the company has an unprofitable, largely non-proprietary business model with a zillion competitors? But we all knew that before the IPO? didn?t we?" article here __________________ VSEX.COM AFFILIATES [email protected] New Model Signup Most realistic thing ever written on GFY: Shap: "Solidarity is nice in theory but this industry has proven time and time again it can not stand together. The best advice I can give you is to do what is best for you with both your short term and long term goals in mind."