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groupon

  • 23-08-2013 4:41pm
    #1
    green_bow
    Banned (with Prison Access) Posts: 94 ✭✭


    anyone got any faith in this company getting back to its IPO price of near $ 20 , its widely believed the new CEO may have slightly turned things around , when mason was at the helm , many saw it as only a matter of time before it went out of business


Comments

  • #2
    gordongekko
    Registered Users, Registered Users 2 Posts: 5,301 ✭✭✭gordongekko


    The deals market was always an area I just did not get.

    Example

    Normal price €50
    Deal price €25

    Deal site cut €12.50
    Business gets €12.50
    so a business that normally charges €50 only now gets €12.50 . So the more deals the business sells the more it loses.

    So apart from getting my email clogged up by deal sites I won't be investing in the area.


  • #3
    Pennystockwhiz
    Registered Users, Registered Users 2 Posts: 59 ✭✭Pennystockwhiz


    I'm bullish on Groupon sine they announced a $300 million share buyback plan.


  • #4
    green_bow
    Banned (with Prison Access) Posts: 94 ✭✭green_bow


    Pennystockwhiz wrote: »
    I'm bullish on Groupon sine they announced a $300 million share buyback plan.


    can you see it getting back to around $ 20 where it opened two years ago

    id be doubtful myself but it might get to $ 15 prior to next earnings in november


  • #5
    Pennystockwhiz
    Registered Users, Registered Users 2 Posts: 59 ✭✭Pennystockwhiz


    I think it's unlikely they can get back to $20 but anythings possible. There is a lot of negativity surrounding Groupon ever since its IPO crash. I think their a potential takeover target.


  • #6
    gordongekko
    Registered Users, Registered Users 2 Posts: 5,301 ✭✭✭gordongekko


    Pennystockwhiz wrote: »
    I think it's unlikely they can get back to $20 but anythings possible. There is a lot of negativity surrounding Groupon ever since its IPO crash. I think their a potential takeover target.

    by who?


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  • #7
    Pennystockwhiz
    Registered Users, Registered Users 2 Posts: 59 ✭✭Pennystockwhiz


    Google before offered 6 billion dollars to buy Groupon in 2010/2011 and their share price spiked 20% around Dec 2012 after more takeover rumors from google. I Yahoo were interested at one stage..


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