GRPN $11.90

[The_Righteous_Hacksa]

I agree with Blake and his masters degree on this one.

I’m not sure how to profit on it though. My online broker can’t seem to find the shares to short.

The put options are ungodly expensive. For example a January 14 put with a strike price of 3 dollars, still costs .70 cents. That’s a meesly $2.30 payoff in a best case scenario but even worse when you factor in the trading costs and the liklihood that some asshole like facebook or google might just buy them out somewhere slightly north of the 3 dollar strike price where they’d only have a market cap of around 3 billion anyway.

I’d actually like to short the stock and write puts on this if I could.

[system]

@krazykanuck

This company would mesh best with Facebook IMO.

That being said…I wouldn’t touch the stock with a 10 ft pole. I’m your stereotypical one time groupon purchaser, BTW.

No.

If Facebook wanted to get into the coupon business they would be in it now. They hire the best engineers and could easily build a coupon business. Once again there are ZERO barriers in the coupon business. Why pay for something you can easily build?

But they will never enter the coupon business because it makes zero sense. Remember this is a company that would not sell advertising for years.