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

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)
Comments (7)
  • CashMan75
    , contributor
    Comments (75) | Send Message
     
    waht would google offer per share/ any thoughts?
    8 Dec 2012, 02:14 AM Reply Like
  • MAKENICEMAX
    , contributor
    Comments (7) | Send Message
     
    offer $32 to $35
    9 Dec 2012, 06:07 AM Reply Like
  • Ron Reed
    , contributor
    Comments (280) | Send Message
     
    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
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    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
  • Moon Kil Woong
    , contributor
    Comments (11015) | Send Message
     
    This rumor is bogus....
    8 Dec 2012, 09:53 PM Reply Like
  • hahaha48
    , contributor
    Comments (1034) | Send Message
     
    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
  • Ashraf Eassa
    , contributor
    Comments (8821) | Send Message
     
    Time to short, everyone.
    9 Dec 2012, 03:32 AM Reply Like
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