45 Percent: Jump In Groupon’s Stock In The Last 6 Market DaysNovember 25, 2012 2:00 pm
We had spotted a great Groupon Deal recently: The Best Groupon Deal Ever: 86.2% Off On GRPN at NASDAQ – many people seem to have bought this deal, including George Soros – we spotted today that the stock is up some 45 percent in the last 6 market days. (Source)
Some of this is pretty smart money – Tiger Global, Soros and Paul Tudor Jones. But they have all had some pretty bad misses in the past, but we do think that “this is probably a deal at this price” would have been the buy logic for most folks.