Groupon Inc. (GRPN): Tech has not participated in the post el...

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Groupon Inc. (GRPN)

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Re: 10thMountain post# 3743

Thursday, 12/01/2016 3:14:14 PM

Thursday, December 01, 2016 3:14:14 PM

Tech has not participated in the post election rally. Interest rates are rising too.

Dividend paying stocks are taking a beating in general.

Very speculative stock/money is flowing towards T-Bills and Muni bonds that are becoming more attractive.

The GRPN drop isn't based on GRPN news. It's related to general market events and preferences of where to put money.

As MarginMan noted, he is hoping the PPS drops significantly into the $2 - $3 range.

While I don't hope for that, I would welcome the opportunity to buy GRPN "on sale".

It would be an anomaly if the PPS goes that low, because the fundamentals are improving every quarter since the new CEO started to implement his turnaround campaign.

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