Posted on 12/28/2014 8:22:56 AM PST by expat_panama
Having a really hard time finding good things about GRPN, performance has been poor lately and the IBD checkup rates it over all 59 out of 100. Sure, it could always soar tomorrow but it's not giving us any good signals today.
fwiw, the top leaders in the online sales group are BABA, MELI, STMP, AND VIPS.
Just realized that my biggest holding is a Vangard index fund VFINX--tho if I had it to do over again I'd avoid the loads by just buying SPY --the exchange traded fund that's equal.
Wall Street: Money Never Sleeps
It was financial ‘’experts’’ who failed to predict the dot.com crash in 2000, or the collapse of the housing bubble in 2008, or the recent steep decline in oil prices.
So the wisest thing to do is to stop listening to financial ‘’experts’’.
J. P. Morgan, when asked what the stock market will do, replied, ‘’It will fluctuate.’’ And he’s never been wrong.
Which means that if you buy stocks in companies that pay high dividends and also earn enough to cover those dividends, you’ll be able to watch the markets fluctuate and still come out ahead.
And if you want more excitement while investing, you can buy low-priced stocks, at least a few of which will inevitably fluctuate higher, often more than making up for those that don’t.
Enjoy.
Funny thing is that while you and I know better, there are a lot of others who actually go w/ the "experts"; and it kind of sets up a self-fulfilling prophesy until reality finally comes back even harder.
That's the trading pattern I like to watch for.
Thanks for the info on the online sales groups, I'll research it. Probably need to own one of them just need to figure out which one is going to be the new "Wal Mart".
Wall Street Booms! Main Street still busts? Beware 2016.
Not money, but rather “love of money” is the root of all evil.
Big difference, often misquoted.
Thanks, Bob! Must’ve caught you in a manic phase, LOL! :)
‘Money’ isn’t the root of all Evil. The LOVE of money is the root of all Evil. :)
Money is a tool. A useful, good-to-have tool! ;)
Why September 13, 2015? Why that particular date? Just curious...
Why September 13, 2015? Why that particular date? Just curious...
My 2-cents. As a Retailer, I advise you NOT to buy into ‘Groupon’ and all of their hype.
Retailers HATE IT! We want it to DIE. We wanted it to die with the very first ‘Groupon Coupon’ we were forced to accept!
No, no! A thousand times, NO!
Your Mileage May Vary. :)
Ping to #32.
The Dow will close 2015 over 19,000. Oil will be in the mid 80’s.
Sounds like you're just looking for the latest, greatest thing. Trouble is, most other people like you - those looking for the latest, greatest thing - have already bid up the price of Groupon, mostly based on speculation.
Personally, when I want to buy individual stocks, I look for strong local companies which are closely followed by my local media. Since I live in the Upper Midwest, I own stock in 3M, Target, Hormel, and General Mills.
Is a one night stand with money more moral?...
That's barely a 5% increase --underachieving.
Personally, I'm preparing for a possible leap to as much as 22500 --while I'm also keeping a hand ready on the ejection seat lever. For example, right now we're techncially in an 'up-trend' --not correction-- but there's been so much instituional selling that we've got to see that the up-trend is under downward pressure.
I haven’t checked exactly, but 9/11/2001 and the meltdown in 2008 were exactly 7 years apart, according to the calendar Rabbi Kahn uses. So, 9/13/2015 is the next date of 7 in the series, with a given that people have not repented and turned again to God-and so have their fate to look forward to.
I watched a few videos on YouTube of Kahn about this. He makes a case. Worth looking at. Not terribly long, but have strong drink and hair dye on tap.
Thanks Diana I appreciate the input from someone who has experience with the company. I’ve never used Groupon and didn’t really know much about it.
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