Groupon is Going to Cash In?
From the NYT, Groupon Readies for an I.P.O:
Groupon, the social buying site that spurned a $6 billion offer from search giant Google, is pushing ahead with plans for its initial public offering, a debut that could value the company at $15 billion or more.I "joined" Groupon, and I am finding that they just jam my inbox with offers for stuff I don't want. I don't see the barrier to entry, either.
Despite what the bulls say, there are lots of clues that we are closer to a top than to a bottom, like an internet bubble and very low implied volatility.
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1 comment:
Everyone in the bomb bunker, the world is going to end soon!!
See, all my indicators do is make me poor and paranoid and I want you like that too !! Apocalyptic types hate to be alone.
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