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Friday, November 04, 2011 10:12:29 AM
I couldn't remember any recent openings with the attention this one is getting. I found it interesting that the CNBC host said the same thing. The market hasn't had an opening bringing this much interest in a while.
GRPN spends 700mill on marketing.
They have more unpaid customers than paid. They are hoping to bring those in to paid customers The float is very tight. Brokers are saying this is done to keep buyers safe, so no one gets hurt during the opening.
Concern for the opening to be too high with the hype. They are comparing it to Linkedn.
Should be interesting. Lot of perceptive impact here.
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