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An ugly close for the coupon company as GRPN is held at $26 - its low of the day.
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Insert predictable "half-off" comment here.
Coupons held over the weekend lose value.
Why does Groupon need wall street? They should just offer their shares as groupon purchase.
Meh. Beanie Babies will hold their value. Just stay away from tulips.
You're welcome. You can tell you're somewhere you didn't want to be and would never have approved of as a destination if anyone had asked you, when IPO's like Grope-On take place.
You know the jokes are there.
How soon before $5 Groupon Stock shows up on their website! The first 1000 get it for $5, come on down!
Am I the only one that thinks "Boiler Room" when I hear Groupon IPO?
Someone certainly lost a lot of money today....who 's the idiot who bought at 31?
Corzine and Goldman plus First boston and the rest used to pump up internet IPOs back in 1998/1999. All teh worthless dog shit they would trade back and forth on IPO day. I guess they did not get the mojo on today for Droop On.
"who 's the idiot who bought at 31?"
CalPERS, CalSTRS and 401k Mutual funds....
Don't forget Leo and the Canadian Pension Funds.
[Insert laughter here.]
Tyler please don't say bad things about Groupon. It is the bestest stock in the whole wide world. It is better than shiny gold bullion bars.
Lol!
I am short Poop-on.
I read that in Triumph the Insult Comic Dog's voice:
"That sounds like a great stock . . . for me to PoopOn!"
Investors who weren't in at the subscribed price and didn't sell on IPO Day will come to know this as GropedOn, lifted wallet, no reacharound included.
Employees who weren't allowed to sell during the 90 day lock up period will refer to it as PoopedOn.
Tebow > GRPN
The Golden Turdball is reached earlier and earlier.
Good thing the depression is over, time to buy Linked-In, Net-Flix, Pandora and whatever wonderful money-machine IPO's next!
Yes Tim, it's the latest "Groupon Deal".
"Droopon" -- Get in before the Deal expires!
BTFD !!!!!!!!!!!!!!!!!!!!!!!!!!
lmao
whoever got pre ipo shares cashed in, case closed!
It must be those guys in "THE BIG CLUB". You know which one im talking about.. "Its a big club, And you aint in it" club.
*Checks mailbox*
*Shakes fist at ghost of Carlin.*
Those who received pre-IPO shares are still in a lockout period and will be there for 6 months.
Greek government confidence vote at 6PM EST, midnight Greece time.
Midnight? Lemme guess... another loophole?
A confidence vote you can have no confidence in?
Did it pass or fail on Friday or Saturday?
I caught you a delicious (sea) bass.
One of those radioactive ones from the Pacific?
when can we short? Tried finding shares all day. When do options start trading?
It went limp........
when does BOGO on GRPN start at Etrade?
JPM will surface with a million shares that weren't counted - thus revising numbers up
do hookers take coupons? nothing like a two for one. and no, i don't mean your mother!
I'd like to know when prostitution will be legalized across the US. Gotta believe that would create jobs. Think of all the money changing hands and the taxes that would generate. Think I'll buy some condom futures.
Never happen. The government doesn't want the fucking competition.
Greekon, 50% off debt,100% on full default.
USA still AAA+++???
k-mon baby......... when the rating will be UPDATE PLEEEEEEASE!!!!
An extended therapy session with Million Dollar Bonus will expalin it all...
it sure will not be spun that way on the evening news.........UP $6 !!!!!!!!!!!
GRPN is the next Dippin' Dots.
It's to coupons what Dippin' Dots were to ice cream, and will be treated accordingly.
Dippin' Dots files for bankruptcyCNNMoney - 36 minutes ago
Its the FUTURE of ice cream.
*Sincere apology to Dippin' Dots, though, because it actually had a legitimate business plan and product, as bad as the product may have been.
It was before its time
well, its aftertaste will last forever!
"WINNING THE FUTURE OF ICE CREAM" ; at last the perfect post-reality political campaign tag line. I wonder if I can sell it?
That writer needs to be punished, severly.
Right you are!
Can you say Inflection Point?
Groupon is the socionomic manifestation of the Tape Worm economy on it's last leg; sucking the life out of independent businesses nationwide.
- Bill Black, Dylan Ratigan & David DeGraw: Prosecute the Banksters, Get Money Out of Politics
- Colonization Through Debt: Neoliberal Debt Slavery Economics
- Inflection Point
I think the question you have to ask yourself....if you had $18 billion in the bank (making you one of the richest people in the world) would you exchange your cash for this company?
And what about the stock market today? We have had a 20% rally on Europe coming up with a grand plan....all we get is a fuzzy idea to leverage existing funds (which themselves may or may not really be there)....Italian yields looking terrible....Greece is falling apart...IMF and China says Europe is on its own. Did I miss something????
Yes Mark - The transfer of 50% debt from one doomed balance sheet to another equally doomed balance sheet.
Shorten to .........."Its the DEBT Vlakas"
Now there's one bad-looking candle there GRPN.
I remember dumping my million GM share allocation at 33 on the opening pop after 45 minutes or so.... printed 35.79 and never looked back. Is it dead yet?
I still have a few GM shares . hanging on to them to remind me to Never buy another IPO
Sweet! Gotta love it when the HFT rapists enjoy their time amongst the sheeple.
What the Fukk is "Groupon" anyway? Let's see if we can fire up another "High Tech Rally"?
Anybody falling for this needs to get some Netflix. Or some Greek Bonds. Or some US Treasuries...
Lead/Brass is looking very good to me. ;-)
netflix 9mEPS is $3.63. 12m should be north of 4.5$ 4.5$*20=90. Mind you this is a growth stock. It was a nice short @ 2XX. Below 90 is a buy now.
and in case u were wondering:
http://imageshack.us/photo/my-images/338/screenshot20111105at113.png
todays deal
Buy Greek Debt for 50% off !
Sponsored by Poop-On
Hey Look - it's Jon Corzine standing there with his wallet open! Wait...that looks like *your* wallet he has open...
Mom and pop got stuck holding the poop-on bag. Priceless.
"Gee honey, there went our retirement fund". WTF happened!
"kids we're moving in"
I wonder how many shares Robot bought today?
I accumulated into the close, this thing is going to rocket on Monday. What could possibly go wrong with a brand like this
GroupOn crushed MF Global today.
- Kudos
First jerk that says they got short at $30.00 today, gets banned from ZH, forever.
Well, the wife and I buy Groupons - some great deals to be had - but I have no idea what their stock is worth...
There you go; that's called common sense. The people who do think they know what it's worth are the ones with a problem.
Day one:
Grizzly attacks Groupon fishing expedition.
http://www.youtube.com/watch?v=VUeQTcbfss0
Day two?
Groupon is really just the modern rendition of the penny saver. Brands want reinforcement over time, not one off experiences. The valuation is bazaar.
$18B for a company that is the equivalent of cutting out 20 diaper coupons and selling them for for $3.00 on eBay. #WINNING!
The only conclusion I can come to is I lived too long. "Winning the Future" is a straight faced proposition by the president of the United States, and we have a multi-billion dollar stock market entity that has made coupon clipping a .com activiity. This shit ain't right.
I got in at a little over 30. Even though it closed lower, I expect it to go to 50 in a few days.
:-)
Wanna bet?
I got in at a little over 30. Even though it closed lower, I expect it to go to 50 in a few days.
and we have a winna! you sir have won the prestigious "Dorkasaurus for a Day" award.
past winna's and fan fav's IQ 0.145 (he's been downgraded several times from 145)
and MillionDollarLabotomy postmodern antithetical perfomance artist of the year. He once tied a string
across a room from corner to corner.
Can you say Inflection Point?
This is the socionomic manifestation of the Tape Worm economy on it's last leg; sucking the life out of independent businesses nationwide.
- Bill Black, Dylan Ratigan & David DeGraw: Prosecute the Banksters, Get Money Out of Politics
- Colonization Through Debt: Neoliberal Debt Slavery Economics
- Inflection Point
Pump and dump. Or is it Poop and Droop. Oh well, Same result.
did the FED start using Groupon to sell MBS yet??
When you provide unlimited liquidity to your crony friends (a.k.a. primaiy dealers) at zero interest rate, anything is possible....at least in the short run.
In the long run there is a nasty beast waiting for us all called reality.
When markets can't distinguish a joke from a business you know that you are getting close to a nice downdraft.
but hey you can get 10 yoga classes for $25 - more unicorn accounting
Amen, brother, Amen. My sentiments exactly.
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