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_3u10
on June 2, 2011
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Groupon files for IPO
Ahh ok, I was wondering how the heck it recovered. I'm glad I didn't pick it up then. I haven't followed the finance sector for about a year.
bcrescimanno
on June 2, 2011
[–]
Why glad? a 10-for-1 reverse split means that the stock is still double it's $2 price point. Doubling your money in a year or two isn't bad at all.
_3u10
on June 2, 2011
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parent
[–]
I could have also picked it up at $18 (pre-reverse split)
bcrescimanno
on June 2, 2011
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Well yeah; that would have sucked. :P
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