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Groupon (GRPN) lowered the cut it receives on daily deals to 35% from 40% in Q4, CFO Jason Child...

Groupon (GRPN) lowered the cut it receives on daily deals to 35% from 40% in Q4, CFO Jason Child discloses. That's one reason (though not the only one) why daily deals revenue fell 14% Y/Y. On the earnings call, COO Kal Raman suggested major international layoffs are on the way - 3/4 of sales personnel currently work in Groupon's international ops. CEO Andrew Mason, likely to face fresh calls for his removal (previous), promises operating margin will improve in 2013 in spite of a shift towards e-commerce sales. Shares -25.8% AH. (live blog) (Q4: I, II)

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Comments (3)
  • tunthan
    , contributor
    Comments (228) | Send Message
    Two questions in my mind: 1) who are sellers? 2) who will be buying stocks at that low? Of many, one could be a fund like Global Tiger Management that is going to recovering its profits from losing. So they will sell today and they will buy tomorrow; that what they will do. Therefore, I speculate the stock will recover may be half of what it may lose in tomorrow mid afternoon, and it will get a short squeeze around $2.44-$2.50 I guess and if you are losing you can do the covering at that level. Good luck!
    27 Feb 2013, 08:11 PM Reply Like
  • tunthan
    , contributor
    Comments (228) | Send Message
    Sorry, I mean $4.44 -$4.50
    27 Feb 2013, 08:40 PM Reply Like
  • Skull & Bones
    , contributor
    Comments (59) | Send Message
    I don't really see any "short squeezes" in the near term. But there was certainly one heck of a "long squeeze" after the bell today!
    27 Feb 2013, 10:03 PM Reply Like
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