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Down initially in sympathy with Zynga, Groupon (GRPN +9.4%) is now one of the day's tech...

  • Friday, October 5, 2012, 2:28 PM ET
    Down initially in sympathy with Zynga, Groupon (GRPN +9.4%) is now one of the day's tech standouts in spite of having no major news to rally on. This isn't the first time some of the daily deals leader's many shorts have decided to cover (I, II) at week's end.
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This news story has 4 comments:

  •  
    Sure. No more concrete news. But there is no reason for the shares trade below $ 5 ridiculously
    5 Oct 2012, 04:42 PM Reply Like
  •  
    The company seems to have a good cash balance with no outstanding debt, so the shares could be poised for a major climb.
    5 Oct 2012, 05:26 PM Reply Like
  •  
    How many here think Groupon is only up because of short covering?
    6 Oct 2012, 06:08 PM Reply Like
  •  
    i bought this a few days ago. I coudln't believe it was under 5.00. I can't believe people are not buying this stock up. Its going to be a 4 to 50 dollar stock in a few years.
    6 Oct 2012, 06:10 PM Reply Like
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