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Why do I take Banzai7's chart as more credible information than what I see on CNBC?
Because art is the most powerful purveyor of truth.
1. To pursue veyor
this ipo is stupid, increase in revenue don't mean jack when ur profit margin is razor thin. groupon is more ponzi-like than netflix they are crazy to refuse an insanely generous offer from google. crazy insane insane crazy
<---Groupon IPO flips up (for non-insiders, sheeple)
<---Groupon IPO flops down " "
I wonder why they didn't go through with their July IPO... would have had a hell of a lot more hopium in the world at that time to juice up their stock.
Their financial presentation got castrated by the SEC and then the market started sliding.
greater fooooolz theory
Groupon should be renamed Groupoffools and that name should also apply to anyone subscribing to this ludicrous offering.
Its all about that square on the left side, and you are not invited to play.
No Kidding! Have you seen their business model? Its almost as suspect as the 'new' euro-style bid auction sites. Oh gee, spend $500 on bids and win an ipod for $0.99... sounds like a plan to me! Except in Groupon's case its...we'll finance your loss campaign to help you bring in new customers. Which, in the end, might work in Groupon's favor when all the suckers enter bankruptcy and Groupon gets their secured creditor rewards, but that's a really long-game for ROI, IMHO.
All they need is a sock puppet.
"art or symbolism, broken down to its common denominator, needs no detractors,... it is the language of infinite time"
Nice quote. Who said that?
your admirer, earle,florida
Kudos 2 u!
That is the third screen Banzai owes me. Damn, this dude is more sinisterly funny than Kliben in his Playboy days.
You know those Shibumi guys who can kill with everyday household objects. That's me, only I walk around all day long thinking I could be forced at any moment to make some everyday object funny ;-)
"Why do I ake Banazi7's chart as more credible information that what I see on CNBC?"
Because math is supposed to be funny. People just use the wrong variables and mess up the punchlines.
Because his tits are smaller than the typical CNBC "reporter"
This has a great deal to do with it. And I don't ever want to see Cramer's man boobs. ;-)
How about a Zerohedge IPO? We'll help you guys promote it!!Seems to be would be alot more value there than Groupon!http://silverdoctors.blogspot.com/
Why? So algos can front run it? No way.
Donate to Zero Hege:
Buy and hold bitchez.
Cramer the Clown Strong Buy...
obvious, its obvious
I was lucky to get in on Groupon deals when they were new here.
Lately, I've seen the offers shift as very few merchants repeat their offers. What Groupon seems to be geared to now, within this market anyhow, is towards the start-ups & the die-outs. In fact, in the last two months, when I went to redeem a Groupon and then a Living Social deal, the businesses were respectively closed or sold.
It brings in all the wrong customers, at the wrong price point, all at one time.
Sure does, Joe, but it's a much better deal than the gubbermint;)
Anything built on consumerism these days is DOA
I learned long ago mainly from Michael Lewis' book that the only people who usually make money from an IPO are the lawyers and the underwriters.
Gawd, and this year's crop makes that maxim especially self-evident.
Does anyone know anyone who has actually gotten a job off LinkedIn? or anyone who has ever bought anything from a Facebook ad?
Speaking of Face-Off...er, i mean Face Book. Or is it The Facebook? I've always had problems with spelling. And I've been told my grammar is even worse. It's all Ms Pillsbury and her billions' fault. (that punctuation mark is correct. Billions' is a pro-noun and some mere number...as in "I was attacked by his billions." Anywho I'm just along for the ride of course. Something about when she smiles after saying "they all to kill me don't they.")
LinkedIn reminds me of those college job fairs where everyone is dressed in suits and pushing each other out of the way for a chance to talk to a TBTF corporation's PR man for a summer internship. When you finally get in close enough, you hand them your resume and they pat you on the back and give you a brochure full of corporate bullshit. In other words, a complete waste of time.
A friend who is a recruiter posted a specific engineering job and got 300 resumes in a few days and only 4-5 were qualified. If engineers are looking hard, we are in real trouble.
I've been warning people for several years now, but few want to believe it. I would like to know where are all these phantom jobs in engineering are located??? In America, that is, China doesn't count. Everyone ridicules the liberal arts graduates AND most often their answer is to get something in engineering, technology, etc. Uh... they ain't no better fellas. Stop misleading the young.
As an engineer I agree. Started my own company to stay employed. Engineering jobs that pay livable wages are disappearing. Of course we could all hope Facebook and Groupon combined with iPads can rescue our profession....not.
They absolutely are phanthom jobs. However, at least an engineer is smart enough to make something useful.
True. But take a young engineer fresh out of college with +30k in student loans and no job. He's just as broke as the liberal arts graduate. Which means he'll be working at Walmart with the liberal arts graduate. Even after college, it takes many years to properly season an engineer in the discipline. Yes, he could try a startup on the side, but engineering isn't something one does well at alone and on the side after grinding away the day trying to survive.
I can present a very succinct argument that a liberal arts student is actually better equipped to struggle through this economy.
Given the nature of global supply chaining etc, the use of right lobe creative skills becomes even more critical to compete with the mass producers of the world.
In the end 99% of what is learned in college evaporates. What is important is learning how to think critically and how to create and adapt ideas.
Short at will. Farm bet on Puts when available.
OK Tyler, I see your point, but they invented coupons, so they've got the patent, right? Right? Anyone? Bueller?
David Icke (yes, the reptile man) offers a surprisingly rational critique of the monetary system.
mixing reality with insanity is the best recipe for cults!
Hah that is true, I do think though, that his analysis here will resonate with many on this site. If you watch the video, share your thoughts.
don't take the "listen to everybody concept" too far,
you have limited time, don't waste it on this crack head.
I am certainly not going to.
Already spent my time on it and I can assure you that it was not a waste of time, although nothing new is really presented, so maybe it was a waste after all.
Nothing new - perhaps, but cogently and compellingly presented.
No BS, it just starts and runs.
I used to think he was some kind of whack job,
but over the past several months, I've tried to overcome my
self-censoring attitude - maybe buying into my own idea
that fundamentalism of ANY STRIPE means you never have to think again.
His economic understanding-fu is quite weak. He also mixes truth and falsehood, though I think out of ignorance rather than malice.
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