Groupon Shrs Falling Apart; Off 35% In 3 Days - GoFuckYourself.com

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

Phoenix · 11-23-2011, 09:58 AM

im sure lots of people made money by getting in and getting out

scuba steve · 11-23-2011, 10:05 AM

ipos are for quick cash. basically other than that, you shouldn't really jump in. even pandora, which if i'm not mistaken never profited before its ipo had a huge jump

kristin · 11-23-2011, 11:46 AM

As much as I utilize Groupon as a consumer, I hope his IPO and company falls apart. Between the owner and his wife, they took $316 million of the investors money to launch the IPO. You know, cause everyone needs $316 million.

Sly · 11-23-2011, 11:50 AM

Quote:

Originally Posted by scuba steve

ipos are for quick cash. basically other than that, you shouldn't really jump in. even pandora, which if i'm not mistaken never profited before its ipo had a huge jump

They are $90 million in the hole over the last 10 years.

Christina T. · 11-23-2011, 11:50 AM

I guess they should have taken the 6b from google

kristin · 11-23-2011, 11:53 AM

Quote:

Originally Posted by Sly

They are $90 million in the hole over the last 10 years.

And they say that's all due to their marketing. I don't see them marketing that much ... I have to wonder what they bought/spent money on and are classifying it as "marketing."

wehateporn · 11-23-2011, 02:11 PM

What a scam

kristin · 11-23-2011, 02:47 PM

A good Groupon Fail story: http://www.telegraph.co.uk/finance/n...ake-maker.html

$5 submissions · 11-23-2011, 06:03 PM

Angels = Win

VCs = Win

Founders = Win

Initial employees with early options = Win

IPO shareholders = not so much

However, keep in mind that the beginning of the unraveling of the Euro and the start of the collapse of American bond markets is weighing heavily on the stock market. Naturally, more speculative shares like Groupon will get the boot up the ass first. Maybe it is better to assess its health after 6 to 12 months when all the initial backers have unloaded what they need to unload. Also, people are waking up to the weakness of its business model.

Sunny Day · 11-23-2011, 08:28 PM

You guys must be new. Most IPOs over the last 40 years have done the same. Not as quickly, as in the old day there was no Internet to move news. But over 90% of all IPOs tank.
I wanted to sue a brokerage company, as they "lost" my buy order. Good thing, as the stock went public at $4, up to $50, then sank to bankruptcy. Saved me a lot of money.

vsex · 11-24-2011, 08:54 AM

Quote:

Originally Posted by kristin

A good Groupon Fail story: http://www.telegraph.co.uk/finance/n...ake-maker.html

I don't feel sorry for her. She didn't think it thru and didn't tailor the offer to her businesses abilitites.

blazin · 11-24-2011, 09:07 AM

Was destined to... It's overpriced and everyone knows its... most of it's competitors are small but have better knowledge of the local market. In the UK there are a few far better competitors such as myvouchercodes.

wehateporn · 11-24-2011, 09:21 AM

rico suave · 11-24-2011, 10:01 AM

I think many people like Groupon for a week then they stop reading the emails because they are so rarely relevant.

ottopottomouse · 11-24-2011, 10:02 AM

Quote:

Originally Posted by kristin

A good Groupon Fail story: http://www.telegraph.co.uk/finance/n...ake-maker.html

Silly woman. What did she expect to happen selling at a loss? And normal price of £26 for 12 cupcakes is fucking greedy so I doubt she got many repeat orders off the deal.

Kenny B! · 11-24-2011, 11:06 AM

Anyone see the irony that you can buy groupon shares for 30% off.

11-23-2011, 09:53 AM	#1
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."

11-23-2011, 09:58 AM	#2
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	im sure lots of people made money by getting in and getting out __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

11-23-2011, 10:05 AM	#3
scuba steve Confirmed User Join Date: Oct 2008 Location: i'm in miami bitch Posts: 1,888	ipos are for quick cash. basically other than that, you shouldn't really jump in. even pandora, which if i'm not mistaken never profited before its ipo had a huge jump __________________

11-23-2011, 11:46 AM	#4
kristin GOO! Industry Role: Join Date: Sep 2002 Location: Back Home : ) Posts: 9,768	As much as I utilize Groupon as a consumer, I hope his IPO and company falls apart. Between the owner and his wife, they took $316 million of the investors money to launch the IPO. You know, cause everyone needs $316 million. __________________ Vacares rules. "Usually only fat guys have the kind of knowledge and ability that Kristin has."

11-23-2011, 11:50 AM	#6
Christina T. Confirmed User Industry Role: Join Date: May 2005 Posts: 196	I guess they should have taken the 6b from google __________________ just a naughty girl who LOVES making money on the Interweb!

11-23-2011, 02:11 PM	#8
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,173	What a scam __________________ Sexy Girls Teasing

11-23-2011, 02:47 PM	#9
kristin GOO! Industry Role: Join Date: Sep 2002 Location: Back Home : ) Posts: 9,768	A good Groupon Fail story: http://www.telegraph.co.uk/finance/n...ake-maker.html __________________ Vacares rules. "Usually only fat guys have the kind of knowledge and ability that Kristin has."

11-23-2011, 06:03 PM	#10
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Angels = Win VCs = Win Founders = Win Initial employees with early options = Win IPO shareholders = not so much However, keep in mind that the beginning of the unraveling of the Euro and the start of the collapse of American bond markets is weighing heavily on the stock market. Naturally, more speculative shares like Groupon will get the boot up the ass first. Maybe it is better to assess its health after 6 to 12 months when all the initial backers have unloaded what they need to unload. Also, people are waking up to the weakness of its business model. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

11-23-2011, 08:28 PM	#11
Sunny Day Confirmed User Industry Role: Join Date: Dec 2010 Posts: 1,406	Ipo You guys must be new. Most IPOs over the last 40 years have done the same. Not as quickly, as in the old day there was no Internet to move news. But over 90% of all IPOs tank. I wanted to sue a brokerage company, as they "lost" my buy order. Good thing, as the stock went public at $4, up to $50, then sank to bankruptcy. Saved me a lot of money.

11-24-2011, 09:07 AM	#13
blazin Confirmed User Join Date: Aug 2002 Posts: 2,781	Was destined to... It's overpriced and everyone knows its... most of it's competitors are small but have better knowledge of the local market. In the UK there are a few far better competitors such as myvouchercodes. __________________ I don't endorse a god damn thing......

11-24-2011, 09:21 AM	#14
wehateporn Promoting Debate on GFY Industry Role: Join Date: Apr 2007 Posts: 27,173	__________________ Sexy Girls Teasing

11-24-2011, 10:01 AM	#15
rico suave Confirmed User Industry Role: Join Date: Nov 2011 Location: ricovaldez AT gmx.com Posts: 109	I think many people like Groupon for a week then they stop reading the emails because they are so rarely relevant.

11-24-2011, 11:06 AM	#17
Kenny B! Confirmed Abuser Industry Role: Join Date: Jun 2003 Location: Montreal Posts: 5,717	Anyone see the irony that you can buy groupon shares for 30% off. __________________ Kenny -at- YourPaysitePartner.com Skype: kennyb514 Do business with us: Your Paysite Partner Kenny's Pennies Sticky Dollars Radical Cash Indie Bucks Stand Ahead Read My Ambush Interview Here