GRPN - Groupon Inc

This company prints money, they will do very well.

i wonder what the IPO date will be. 

From ZH

Here is the key data from the Morgan Stanley (lead Underwriter), Goldman Sachs and Credit Suisse-led IPO:

• Q1 Revenue: $644 million, up from $44 million a year prior
• Q1 Gross Profit: $270 million, 41.9% margin, up from $20 million a year prior, and down from the margin of 45.5%
• Q1 Loss from operations: ($117) million compared to $8.5 million profit a year earlier.
• Q1 subscribers: 83.1 million, up from 3.4 million
• Q1 cash flow: $6.978 million down from $12.0 million a year earlier
• Cumulative customers: 15.8 million, up from 874K
• Featured merchants 56.781 up from 2,903
• Groupons sold: 28 million compared to 1.76 million
• Cash balance: $208.7 million; Working capital deficit: ($228.7) million
• Total Assets: $541.4 million, Total Liabilities: $14.8 million
• Total shares outstanding: 296,140,145

Can't wait for this one!!!

how much per share for IPO?

Stockjock-E When do you think this IPO will be approved?

DealBook: Groupon Plans I.P.O. With $30 Billion Valuation

By By EVELYN M. RUSLI and MICHAEL J. DE LA MERCED

Published: June 2, 2011

Groupon, part of an elite club of social Internet companies that is fanning investor ardor for the next generation of technology giants, is planning a debut that could raise $3 billion.

 I'm sorry, I just find this hilarious and here I was thinking Google's $6b offer to Groupon is absurd   

$30B? Why not $300B

Latest I hear was now $10B... and dropping.

I get that it's going to pop the day of, which is why I'll be in.  But long term?  I wouldn't touch this equity with somebody ELSE'S money.  They're watering themselves down too much in an effort to prove how profitable they can be.  Really?  Groupon deals on electronics?  What are they trying to become, Woot?  Unless they're hoping an Amazon swoops in and buys them out, this is not going to end up well for them.  It's already to the point that navigating their site to see all the deals is becoming a hassle - to say nothing of the fact that their offerings of late have been pretty lackluster due to businesses realizing just how much a deal with the devil partnering with them is.

this should be interesting tomorrow morning

Everybody wants to play the pop and run away.

This is going to be one of the most exciting games of hot potato we have seen a very long time!

Quote:

Originally Posted by StockJock-e 

Everybody wants to play the pop and run away.

 

This is going to be one of the most exciting games of hot potato we have seen a very long time!

Agreed.  Here's to hoping nobody here gets stuck holding the potato...

Oh no, there will be plenty of people holding the highs, there is always somebody out there getting stuck with it.

Quote:

Originally Posted by StockJock-e 

Oh no, there will be plenty of people holding the highs, there is always somebody out there getting stuck with it.

Yeah, I just meant hopefully none of those people are *here* specifically :P

So whats the call here?

I see a nice big open then straight down, then a bounce with drift lower to the close.

Quote:

Originally Posted by StockJock-e 

So whats the call here?

 

I saw nice big open then straight down, then a bounce with drift lower to the close.

We're in agreement.  I plan on dumping mine right after the initial snap-up frenzy is over (though I'm somewhat bummed that I didn't get allocated as many shares as I wanted).  I mean seriously, they're valuing the company at 12 billion? 

This stock REEKS of SMT all over again.