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

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

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

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.

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

I guess they should have taken the 6b from google

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."

What a scam :2 cents:

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

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.

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.

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

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

:1orglaugh:1orglaugh 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.

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