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« Santelli: 'Time To Take Profits In High Yield Bonds' | Main | HOT LINKS: Obama May Introduce Carbon Tax »
Friday
Nov092012

Groupon Shares Gashed (CNBC)

Like taking candy from a baby.  Easiest short since RIMM.

Is Groupon's Problem a 'Model' Problem? - CNBC

Groupon went public at $20 and today struggles to hold 3 bucks.  It's still worth $3 billion which is utter madness, even if Amazon were to eventually become interested.  This puppy is going below $2, and soon, sell-side charlatans be damned.

Details from Forbes...

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Stock crashes:

More Groupon earnings discussion with Maria Bartiromo and Jay Yarrow.

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Reader Comments (1)

Groupon: Dead as You Know It

http://www.cnbc.com/id/49759901
Nov 9, 2012 at 3:55 PM | Registered CommenterDailyBail

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