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Groupon (GRPN +22.8%) ended up staging a monumental rally/short-squeeze today, and it looks as...

  • Friday, December 7, 2012, 4:16 PM ET
    Groupon (GRPN +22.8%) ended up staging a monumental rally/short-squeeze today, and it looks as if Google (GOOG) acquisition rumors were the trigger. Google famously made a $6B offer for Groupon a year before it went public; even after today's move, the company is presently worth just $3.1B. But Groupon's prospects aren't looking as rosy as they used to. Volume was nearly 3x the daily average. (previous)
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This news story has 7 comments:

  •  
    waht would google offer per share/ any thoughts?
    8 Dec 2012, 02:14 AM Reply Like
  •  
    offer $32 to $35
    9 Dec 2012, 06:07 AM Reply Like
  •  
    The real question is why would google buy them now? Short this rumor or sell on this up swing.
    8 Dec 2012, 12:31 PM Reply Like
  •  
    Now this is stupid. Why would google buy grouper after being rejected at $6B? Google has the dumb luck of others on their side, since the beginning. Yes indeed, a good short here, back to $2.
    8 Dec 2012, 04:05 PM Reply Like
  •  
    This rumor is bogus....
    8 Dec 2012, 09:53 PM Reply Like
  •  
    You have to know a little bit more about googles business to understand why this rumor is not going to happen.

    Groupon now will not enhance any other google business
    9 Dec 2012, 02:28 AM Reply Like
  •  
    Time to short, everyone.
    9 Dec 2012, 03:32 AM Reply Like
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