HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » STOCK MARKET WATCH -- Wed... » Reply #6

Response to Tansy_Gold (Original post)

Tue Apr 3, 2012, 07:57 PM

6. JOBS Act Jeopardizes Safety Net for Investors

 

http://dealbook.nytimes.com/2012/04/02/jobs-act-jeopardizes-safety-net-for-investors/?ref=business

Maybe President Obama should have bought shares in Groupon’s I.P.O.

If he had, he would understand what some Groupon investors may be feeling as he prepares this week to sign a new piece of legislation to help start-ups get financing. Had he purchased $10,000 worth of shares on the open market on the first day of public trading for Groupon, the online coupon company based in his hometown Chicago, he would have lost a good chunk of his investment, putting him in the red by almost $4,100 today.

That means he would have lost about 41 percent of his investment in Groupon in just five months, while the Nasdaq rose some 16 percent. All the while, Groupon has faced nagging questions about accounting irregularities and continued losses. This is despite the fact that its co-founder Eric Lefkofsky had publicly promoted the stock — against Securities and Exchange Commission rules — saying that “Groupon is going to be wildly profitable.”

MORE

SO, THE BASTARD IS SIGNING THE BASTARD ACT...THE SUPREMES WILL PROBABLY TAKE IT OUT, TOO, ONCE A FEW OF THEIR CRONIES LOSE A FEW BUTTONS OFF THEIR SHIRTS.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 79 replies Author Time Post
Tansy_Gold Apr 2012 OP
Demeter Apr 2012 #1
Demeter Apr 2012 #12
Demeter Apr 2012 #43
Demeter Apr 2012 #67
Demeter Apr 2012 #2
Tansy_Gold Apr 2012 #3
Demeter Apr 2012 #5
DemReadingDU Apr 2012 #13
Tansy_Gold Apr 2012 #14
Demeter Apr 2012 #4
LineReply JOBS Act Jeopardizes Safety Net for Investors
Demeter Apr 2012 #6
Demeter Apr 2012 #7
Demeter Apr 2012 #8
Demeter Apr 2012 #44
Demeter Apr 2012 #9
Demeter Apr 2012 #10
Demeter Apr 2012 #11
hamerfan Apr 2012 #15
Tansy_Gold Apr 2012 #17
hamerfan Apr 2012 #18
AnneD Apr 2012 #53
girl gone mad Apr 2012 #16
xchrom Apr 2012 #19
xchrom Apr 2012 #20
xchrom Apr 2012 #21
xchrom Apr 2012 #22
AnneD Apr 2012 #54
xchrom Apr 2012 #55
AnneD Apr 2012 #68
xchrom Apr 2012 #70
AnneD Apr 2012 #72
xchrom Apr 2012 #75
AnneD Apr 2012 #76
xchrom Apr 2012 #77
xchrom Apr 2012 #23
xchrom Apr 2012 #24
xchrom Apr 2012 #25
xchrom Apr 2012 #26
xchrom Apr 2012 #27
xchrom Apr 2012 #28
Demeter Apr 2012 #29
xchrom Apr 2012 #30
Demeter Apr 2012 #31
Demeter Apr 2012 #32
Roland99 Apr 2012 #33
Demeter Apr 2012 #41
AnneD Apr 2012 #74
Roland99 Apr 2012 #79
Hotler Apr 2012 #62
Demeter Apr 2012 #66
Hotler Apr 2012 #78
Demeter Apr 2012 #34
Demeter Apr 2012 #35
Demeter Apr 2012 #36
Demeter Apr 2012 #37
xchrom Apr 2012 #38
Demeter Apr 2012 #39
Demeter Apr 2012 #40
Demeter Apr 2012 #42
AnneD Apr 2012 #56
Tansy_Gold Apr 2012 #73
Demeter Apr 2012 #45
AnneD Apr 2012 #57
Demeter Apr 2012 #46
Tansy_Gold Apr 2012 #48
Demeter Apr 2012 #50
Roland99 Apr 2012 #59
Demeter Apr 2012 #47
Demeter Apr 2012 #49
Tansy_Gold Apr 2012 #51
Demeter Apr 2012 #52
Tansy_Gold Apr 2012 #60
Demeter Apr 2012 #58
Fuddnik Apr 2012 #61
Hotler Apr 2012 #63
Demeter Apr 2012 #64
Fuddnik Apr 2012 #65
Fuddnik Apr 2012 #69
Fuddnik Apr 2012 #71
Please login to view edit histories.