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Groupon going public
Posted: Fri Nov 04, 2011 2:21 pm
by DubiousSalmon
Do you think groupon is overpriced trading at around $28 a share today? Many investors think that it will drop down by over half in the next few quarters, though in the short term I think It will grow a bit more with all the hype about it going public.
Re: Groupon going public
Posted: Fri Nov 04, 2011 2:23 pm
by BigBallinStalin
What's that smell?
Re: Groupon going public
Posted: Fri Nov 04, 2011 2:42 pm
by Army of GOD
stock spambot?
Re: Groupon going public
Posted: Fri Nov 04, 2011 2:45 pm
by BigBallinStalin
Army of GOD wrote:stock spambot?
Even worse.... Dubious Salmon.
"Is that Salmon?"
"I dunno, boss. I'm just not sure."
Re: Groupon going public
Posted: Fri Nov 04, 2011 3:37 pm
by TA1LGUNN3R
BigBallinStalin wrote:Army of GOD wrote:stock spambot?
Even worse.... Dubious Salmon.
"Is that Salmon?"
"I dunno, boss. I'm just not sure."
If it smells like trout, pull it out.
If it smells like salmon, keep on jammin'.
-TG
Re: Group goes pubic
Posted: Fri Nov 04, 2011 3:49 pm
by oVo
At least he's a gamer with two wins, more games in the works,
99% turns taken and not a drive by bot.
Re: Groupon going public
Posted: Fri Nov 04, 2011 4:02 pm
by safariguy5
Meh, I don't think the business model is sustainable long term. I saw a report that said something on the order of 80% of the businesses who partner with Groupon reported losing money and would not consider doing it again.
Ironically, it may be the big companies who can take the revenue losses in the name of promoting a product, which runs counter to the way Groupon is currently structured. They want to focus on smaller local companies who cannot absorb decreased revenue as easily.