$40 stock now on sale for $16... 10,000 people already bought http://runningshoes.com/groupon-ipo 9 days to go... expires nov 4th. may be for nice $25 pop... but what if there is no IPO by nov 4th:eek:
Doesnt the isssuing broker have the incentive and or obligation to pump this pos off the ipo? It's good for a nice pop off the ipo then dump the pos for what it is.
I think they missed the boat not launching last year/earlier this year. Its insane this thing is valued at these levels. There is no barrier to entry in this business model.