GRPN any one buying?

Discussion in 'Stocks' started by gobar, Oct 26, 2011.

  1. gobar


    $40 stock now on sale for $16...

    10,000 people already bought


    9 days to go... expires nov 4th.

    may be for nice $25 pop... :D but what if there is no IPO by nov 4th:eek:
  2. 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.
  3. Arnie


    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.