Did Groupon investors just get stuffed with a turkey?(gigaom.com)
gigaom.com
Did Groupon investors just get stuffed with a turkey?
http://gigaom.com/2011/11/23/groupon-ipo-decline-stock-market/
2 comments
I really wish that articles like this would quit using a non-zero based y axis graph to illustrate a drop. It looks dramatic but masks the actual percentage drop.
Indeed! I always joke about financial graphs using 'opening value' (or whatever) as a base: if they used a 0-based graph, financial panics wouldn't happen.
Sometimes I feel like sports commentary consists people cooking up stories to explain a random number generator.
Even the dumbest sports commentary outshines this article, which consists of 500 words attempting to explain a company's entirety based on a two week price fluctuation based on market whim (because there was no news regarding the company)
Even the dumbest sports commentary outshines this article, which consists of 500 words attempting to explain a company's entirety based on a two week price fluctuation based on market whim (because there was no news regarding the company)