Groupon is back to ipo price. My bet is paying off.

Bernank is gonna fly his helicopter over lower Manhattan tomorrow.

i hope so... major whipsaw coming :alonehappy:

no vaseline today

Looks like I dropped faZ too early
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I saw that. But it's way too volatile to hold over more than a day or two.

Need some major action from ECB or Ben to stop the bleeding here. Even China is showing signs of slow down.

can i upload a pdf onto here??? i got a good read for you guys

Can you link it?
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i got it through outlook so idk is there somewhere i can upload it

EDIT: if you interested i can email it to who ever wants it
its called basic points by don cox

heres the overveiw

^ if its PDF try scribd

FWIW, there appears to be bullish action in GS options, Dec 110 calls, 10000 volume today, haven't confirmed if bought/sold. In Goldman we trust.
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gmcr


stock is flat trading. hmmmmm. something is up
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nice results for DE today

i <3 DE

^ The only green in a sea of red. Unless you can prove to me that DE has decoupled from the broader economy, it looks like a sell to me. CAT, CMI, Komatsu all falling as we speak.

lol they tried to test 1160 at the close... lets hope she holds tomorrow

Groupon started their Black Friday sale on their stock 2 days early lol
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hopefully their business model doesn't die lol. i love the concept from a consumer perspective. just not from an investor side :D

i bet a million bucks it holds tomorrow
friday bets off
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talk about fade a rally. hope u sold at 77$
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LOLLL

http://cache.ohinternet.com/images/2...here_super.jpg

i'm not a trader, this is a solid stock for the long term.
today's results, much like CAT's results for Q3, prove they are a well run business & a leader in their market.

i'll hold onto DE for a long time - there's no reason for me (that's me, not someone else) to sell

lol wow forgot market is closed tomorrow... sleeping in!! :sweetjesus:

102,000 cupcakes! Small bakery burned by Groupon - News - MSN CA

"LONDON - A bakery owner was forced to make 102,000 cupcakes after being swamped by customers taking up her cut-price Groupon offer, according to reports Tuesday.

Rachel Brown offered a 75 percent discount on 12 cupcakes, which normally cost $40 (£26), the BBC reported.

However, Brown under-estimated the popularity of the deal and was unable to cope when 8,500 people signed up for the $10 (£6.50) bargain.


Brown's Need a Cake bakery, which employs eight staff in Reading, U.K., had to bring in temporary workers through an employment agency to fulfil the orders, at a cost of $19,500 (£12,500) — wiping out her profits for the year.

She also lost between $2.90 (£2.50) and $4.70 (£3) on each batch she sold, the BBC reported.

"Without doubt, it was my worst ever business decision," she told the BBC. "We had thousands of orders pouring in that really we hadn't expected to have. A much larger company would have difficulty coping."


Chicago-based Groupon sells Internet coupons for everything from spa treatments to cosmetic surgery.

Firms sign up in the hope of getting new repeat customers out of the initial deal or selling additional goods to shoppers during their first visit.

Groupon went public earlier this month at $20 a share, valuing the business at $13 billion.


Brown, who has run the business for 25 years, was quoted in the Daily Telegraph saying: "We take pride in making cakes of exceptional quality but I had to bring in agency staff on top of my usual staff, who had nowhere near the same skills. I was very worried about standards dropping and hated the thought of letting anybody down.

"My poor staff were having to slog away at all hours — one of them even came in at 3 a.m. because she couldn't sleep for worry," she told the newspaper. "We are still working to make up the lost money and will not be doing this again."

Heather Dickinson, international communications director for Groupon, told the BBC there was no limit to the number of vouchers that could be sold.

"We approach each business with a tailored, individual approach based on the prior history of similar deals," she said, adding the company had been in "constant contact" with Need a Cake.

She later told msnbc.com: "We work very closely with small businesses, but ultimately, they know their businesses best and what they're able to handle."

She added: "Need a Cake wanted to run a national deal with us, but we advised them to feature in a few cities so they wouldn't overextend themselves."

^
75% discount
no cap on vouchers sold

As much as they want to blame groupon for this, the owner messed up offering something so ridiculous. Besides, I assume most businesses offering these group deals probably expect to lose money or break even; it's part of the cost to acquire new customers.

For 20k, she got national exposure. Some might even consider that a deal. ;)

she lost more than $20K, $20K was just hte labour

groupon is a marketing tool that has just gotten too big too quick, many, many bad stories come from it, and you're right, its b/c the business owners don't do their due diligence adequately