Re:Groupon Shares Plunge, Trading Close to IPO
by ila on Tuesday November 22, 2011 @04:19PM
(#3267412)
that is no explanation:
- investors do not consider Groupon a tech company (it's all over the research reports)
- Google, Intel are down marginally (non retail), Apple is up (tech retail). Nasdaq is ONLY 0.07% down.
- Falling 14% is intrinsic to the stock, not the market.
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Re:Groupon Shares Plunge, Trading Close to IPO
by tptacek on Tuesday November 22, 2011 @04:31PM
(#3267466)
Google, Intel, and Apple aren't unproven '11 IPOs. Look at Pandora, Zipcar, etc.
Re:Groupon Shares Plunge, Trading Close to IPO
by ila on Tuesday November 22, 2011 @04:39PM
(#3267498)
I was making a point regarding tech. Groupon is not a technology stock, it didn't market itself as a tech company. I don't understand how on the one side you say "Groupon doesn't have a listed competitor" but you want to compare it to "unproven '11 IPOs. Look at Pandora, Zipcar, etc.". It all sounds to 1+1=5...