GRPN any one buying?

[gobar]

$40 stock now on sale for $16...

10,000 people already bought

http://runningshoes.com/groupon-ipo



9 days to go... expires nov 4th.

may be for nice $25 pop... but what if there is no IPO by nov 4th:eek:

 

[canuckrookie]

Doesnt the isssuing broker have the incentive and or obligation to pump this pos off the ipo? It's good for a nice pop off the ipo then dump the pos for what it is.

 

[Arnie]

I think they missed the boat not launching last year/earlier this year. Its insane this thing is valued at these levels. There is no barrier to entry in this business model.