GRPN's recent stumbles leading to this IPO have already beaten the market cap expectations down to more realistic levels. I'm in on the profit taking pullback from the initial run-up, since I'm not delusional enough to think that I can get any of the IPO.
I've read that we should expect the offering pps to be in the range of $16 - $18 based on a $10B market cap. I'm expecting an initial flurry up to $30 and I'm in at $24 - $25 for the long haul.
This concept is no longer a "virgin market," but this company is still the leader. Imho, this baby has a long way to go once management gets their act together.
Gilda
News 
Market Data 
Discover 
AI
