Groupon Gets Analyst 'Sell' Rating & Options Trading (GRPN)

Investing

Published: November 14, 2011 9:19 am

Last Updated: March 26, 2020 10:13 pm

Groupon, Inc. (NASDAQ: GRPN) is trading lower this morning. What we knew going into this week was that Monday would mark the start of stock options trading in Groupon. This allows traders to create a synthetic short sale by buying a put option. It also allows investors and speculators the chace to get long without ponying up the full amount by buying call options or even by taking a riskier trade of selling put options.

CNBC has also just reported that a boutique named Northcoast Securities has issued a SELL rating on the stock. Apparently they have the same concerns we have on the stock.

There was a BUY rating issued last week and we covered this and many other key analyst calls in the top analyst calls of the week on Saturday morning.

Groupon shares are indicated down 1.2% at $23.95 this morning right before the open.

JON C. OGG

Travel Cards Are Getting Too Good To Ignore (sponsored)

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.