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I have to be honest.. I follow and trade stocks and I hadn't heard that the Groupon IPO actually occurred. The last I had heard they were having to re-file and
by druiid 14y ago
I have to be honest.. I follow and trade stocks and I hadn't heard that the Groupon IPO actually occurred. The last I had heard they were having to re-file and all that fun stuff because their financials were essentially one great big lie.
Due to all of this, I am not at all surprised the stock is at the level it is. IMHO the web-tech stocks released lately are all a big wash and pushing into Web 1.0 'bubble' territory, dangerously
- chestercheetaz 14y agoi'm having a hard time understanding how you follow the market and stocks, and yet missed the Groupon IPO. Maybe you were on vacation??
- druiid 14y agoI guess I must have been! I'm not trying to be hyperbolic or anything as well! Heh.
- chestercheetaz 14y agohaha well it's probably a good thing! Unless you short stocks...
- druiid 14y agoNah, no shorting, although when the FB stock was announced and shares made available I was wishing I had the money free for shorting those.
- chestercheetaz 14y agowell there's still time....."LOOK OUT BELOOWWWW!"
- deleted 14y ago[deleted]
- pseudonym 14y agoTo be fair, I don't think anyone missed the initial IPO, given that roughly half the stories on HN at the time were about how terrible an investment it would be. I imagine that if they had to pull and re-file their IPO (not being a follower of stocks, I don't actually know that to be the case), their re-entry into the market was most likely a little more...quiet, shame-faced and chastised, as it were.
- druiid 14y agoLikely I'm just remembering the chain of events incorrectly then! But either way, yeah... that was a boat I saw along with the rest of the tech community that was trying to bail water as quickly as it was coming in.