Seeking Alpha
  • sjadhao
    $GRPN Opening Price today ?????????????
    8/8/13
    Reply (12)
    • Perkins Cove: $10.88 in pre from earnings beat, 2 upgrades, 2 PT increases. I would not chase this.
      8/8/13
    • Zhang Fei: 7% YTY revenue growth and the stock rockets? Huh?
      8/8/13
    • Perkins Cove: Short covering?
      8/8/13
    • Zhang Fei: Maybe in response to the announced $300m stock buyback (which makes no sense, given that the company's not a cash machine with huge amounts
      8/8/13
    • Zhang Fei: of capital equipment that hasn't been fully-depreciated).
      8/8/13
    • Zhang Fei: If this buyback is any indicator, the previous CEO was sober compared to the current one.
      8/8/13
    • Zhang Fei: The new guy is running the company like a boiler room operation.
      8/8/13
    • Perkins Cove: (BTW, great avatar Zhang....)
      8/8/13
    • Perkins Cove: I don't see $GRPN on the high short interest list. That means its less than 20%. (correct me if I'm wrong) Again, I wouldn't chase this.
      8/8/13
    • Zhang Fei: Actually, I'm inclined to short it. But in the current frenzy for these issues, that's like lighting money on fire. I'll just jeer from
      8/8/13
    • Zhang Fei: the sidelines.
      8/8/13
    • Perkins Cove: Wise man.
      8/8/13