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Technology Stocks : Groupon, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (197)	11/14/2011 11:36:12 PM
From: longnshort	Respond to of 480

how do you explain Pelosi profiting from insider trading ?

To: stockman_scott who wrote (197)	11/15/2011 12:52:42 PM
From: Glenn Petersen	1 Recommendation Read Replies (1) \| Respond to of 480

Groupon's IPO Received Strong Backing from Hometown Crowd, Report Says By Tricia Duryee AllThingsD November 15, 2011 We know Groupon’s founders and board members and significant stakeholders all made out well from the company’s public offering. But what about the unknown investors? The ones who purchased the stock on the first day, or picked up a few days later? To find out those answers, a San Francisco company called SigFig culled its database, which includes more than $20 billion in investment assets from its users, to get insight into how private investors actually fared from the daily deal leader’s IPO. Today, Groupon’s stock is up 26 cents, or 1.1 percent, to trade at $24.33, which has stayed fairly constant after closing more than a week ago at $26.11. Here’s what SigFig found: 22.3 percent of people who bought Groupon’s stock on the day it went public dumped the stock that same day. The average purchase price on day one was $28.17, or above the company’s $20 initial price. At one point, the stock went as high as $31.14. Even though Groupon ended the day up, almost two thirds (62.5 percent) of people, who sold off their stock on opening day, lost money. The average negative return was 3.3 percent. People showed hometown pride: The highest percentage of investors came from Chicago, where Groupon is headquartered. For those who bought and sold on day one, Groupon’s IPO performed better than Pandora, but not as well as LinkedIn. Those who flipped Pandora’s stock lost an average of 8.52 percent, but those who flipped LinkedIn’s stock made an average of 7.10 percent. finance.yahoo.com

To: stockman_scott who wrote (197)	11/18/2011 8:59:25 PM
From: Glenn Petersen	1 Recommendation Read Replies (1) \| Respond to of 480

LivingSocial Set to Raise Near $200 Million By EVELYN M. RUSLI and MICHAEL J. DE LA MERCED DealBook New York Times November 18, 2011, 6:22 pm LivingSocial is aiming to raise close to $200 million from new and old investors, according to two people briefed the matter. As part of the transaction, the daily deals site is also discussing a credit facility of roughly $100 million, these people said. The deal, which is expected to close next week, should value the company north of $5 billion, one person added. The cash infusion will give LivingSocial some breathing room, as it rapidly expands its already large sales force and pushes into new markets. It will also help the company compete with its main competitor, Groupon, the giant of the daily deals space. Insiders are not expected to sell any shares in the transaction, according to people with knowledge of the deal, who asked not to be identified because talks are private. LivingSocial is cobbling together financing, on the heels of Groupon’s initial public offering. Two weeks ago, investors warmly embraced Groupon, which surged 31 percent on its first day of trading. Though its shares have moved sideways in recent days, the company remains above its offering price, at a $16.7 billion valuation. Shares of Groupon rose nearly 6 percent on Friday, to close at $26.19. LivingSocial, which was considering an initial public offering earlier this year, has been more measured in its approach. Although an I.P.O. is still on the table, one person with knowledge of the matter said, the company has not finalized plans. In recent months, the company has started to experiment with new features to differentiate itself from its competitors. Earlier this week, it started to roll out an instant delivery service for restaurants and a premium “white-glove” service for fine dining establishments in the Washington area. Several of LivingSocial’s current investors are expected to participate in the new funding round, but it is also talking to new investors such as JPMorgan Digital Growth Fund, a notable investor in Twitter. CNBC earlier reported that LivingSocial was aiming to raise about $200 million. dealbook.nytimes.com