Groupon Inc. (GRPN)

[Nebuchadnezzar]

#1 all reverse splits have to be voted on and approved
even in the OTC, however, usually the company or shell owns most of the voting shares, so it passes with flying colors only to dilute more shareholders

#2. if the mention of the reverse split alone wasn't bad enough, their earnings and guidance are horrendous

#3. I truly think this will trade even lower

#4. I personally do like to try to catch falling KNIVES every so often for a quick trade, however, sometimes, it gets even uglier (depending on your time horizon of course or unless the company just decides to file chapt 11) then the falling knife cuts everyone with no bounce

#5. GRPN has done absolutely nothing for the past 5 years so its basically been telling you that its dead. it missed the entire bull market from 2013 to 2020

#6. it collapsed from its IPO from like $30 to $2 in 2012, rebounded in 2013 and has gone nowhere but down to sideways and now capitulation is its best bet which Im not sure is even over. If they pass the reverse split, it will continue to sputter, their just not doing well at all in one of the best economic backdrops in history

#7. maybe take a little stab, otherwise id sit on sidelines with this one, so many better oversold stocks or even just better stocks to buy

#8. a buy here is as good as playing roulette