Hook a Better Fish
In late March I voiced my negative view on Groupon (GRPN) shares, and the shares have fallen like a stone since then, highlighted Monday as the shares tripped the Nasdaq's short-sale circuit breaker. The circuit breaker is triggered when a stock drops more than 10% from the previous session's closing price.Groupon (GRPN) -- Daily Source: StockCharts.com View Chart » View in New Window »
With Groupon 6% above its 52-week low of $6.50, and with roughly $1.80 per share in net cash on the company's books, the question many are asking is whether the free fall has been overdone. Or is it?...464 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.