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GroupOn IPO
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Thread: GroupOn IPO

  1. #1
    The Italian Job Moderator FunkTron's Avatar
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    GroupOn IPO

    anyone else watching the massive amount of movement here?

    Basically they went IPO (initial public offering) of $20/share. They released out 5% of the company at 35 million shares, making the company valuation at $1.7 billion. (strange since Google tried to buy them up at just over $5 billion a while back)

    Just since open, they are up to $28.92. Basically a 45% increase in the stock just in the first chunk of hours of trading.
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  3. #2
    SoCalEuro Member TOYr32's Avatar
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    Re: GroupOn IPO

    Yeah, with all the occupy crap, and what happened with linked in, It's doubtful Groupon, or even Zynga will see the type of movement that previous tech companies got.
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  4. #3
    SoCalEuro Member tpotp's Avatar
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    Re: GroupOn IPO

    kinda kicking myself in the butt for not jumping on any :/
    "cheese and crackers!"

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    Northwestern Ambassador Administrator madajb's Avatar
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    Re: GroupOn IPO

    Read somewhere else:
    "I can't believe Groupon's stock ticker symbol isn't PNZI"

    -ajb



  6. #5
    SoCalEuro Member TOYr32's Avatar
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    Re: GroupOn IPO

    And once again, group stupidity has proven me wrong. Looks like the occupy protests mean nothing, and people will always be looking for a get rich quick approach with their hard earned money . . . who woulda thought
    Some people live their entire lifetime and wonder if they ever made a difference to the world. Marines don't have that problem.
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  7. #6
    The Italian Job Moderator FunkTron's Avatar
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    Re: GroupOn IPO

    A fool and their money shall soon be parted.
    -------------------------------------------------
    _________________________________________________

    Don't spread my money, spread my work ethic.
    Pimpin since pimpin been pimpin!
    I'm not retarded....just tarded from the get go!
    doo-dee-dooo....ho-dee-humm... _____________________no slackin in my mack'n
    my hand has 4 fingers....and also a thumb. _____________no slippin in my pimpin

  8. #7
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    Re: GroupOn IPO

    In and out with a few extra bucks.
    Tony
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  9. #8
    The Italian Job Moderator FunkTron's Avatar
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    Re: GroupOn IPO

    Exactly the way to do it. I was thinking the best strategy would be nose in and have a sell option already set in advance. Know your profits and potential losses.
    -------------------------------------------------
    _________________________________________________

    Don't spread my money, spread my work ethic.
    Pimpin since pimpin been pimpin!
    I'm not retarded....just tarded from the get go!
    doo-dee-dooo....ho-dee-humm... _____________________no slackin in my mack'n
    my hand has 4 fingers....and also a thumb. _____________no slippin in my pimpin

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