So I'm not a big fan of the couponing space as far as a P/E...and I agree with NPR that they have jumped the shark, but it is an IPO, and I feel compelled to put in a coverage even if I don't really buy. This is a stock that I might trade, but it's not an investment.
So we've got short term low at 25.9...and early short term at 27, and some level of resistance at 29, and a high of 31.14 so far.
Not that much data...but IPO trades usually aren't based on much other then:
New! and Shiny!
So often if you put in your buys right...take your gains when they present themselves you will get many opportunities to make money.
Oh..and my friends that work over at LivingSocial...yeah, I love you all, and the company is great here in DC...but I still don't see people talking about couponing companies in 10 years. I'm glad that you all are trying to follow the Amazon plan of diversifying - but I think it is going to have to extent more then just trips, travel, logding, etc. But please prove me wrong.