The stock keeps climbing. Mond

The stock keeps climbing.

Monday delivered another leg up. $Groupon(GRPN)$ closed at $23.60, up 4.4% from Friday's $22.60, after testing as high as $24.28 intraday. Volume came in at 2.26M shares — lighter than Friday's surge, but still nearly double the average.

The bigger picture: this stock has gone from $16.76 to $23.60 in five trading days — a real, sustained move, not a one-day fluke. Friday's dip to $21 got bought, and today buyers pushed through to a fresh leg higher.

Short float remains above 60%. With every green day, the math on a potential forced short-covering scenario gets a little more interesting heading into earnings (around Aug 4–12).

Strength is continuing. I'm still watching.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":580544189780224,"tweetId":"580544189780224","gmtCreate":1782763503000,"gmtModify":1782814552520,"author":{"id":9000000000000181,"idStr":"9000000000000181","authorId":9000000000000181,"authorIdStr":"9000000000000181","name":"blinky","avatar":"https://static.tigerbbs.com/baf2072a17d25a1d36d3d9998b259d99","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":113,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/735c0527598e470eb9ffe9444689621b","width":"1320","height":"1765"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/735c0527598e470eb9ffe9444689621b","width":"1320","height":"1765"}],"title":"","html":"<html><head></head><body>The stock keeps climbing.\nMonday delivered another leg up. <a href=\"https://ttm.financial/S/GRPN\">$Groupon(GRPN)$&nbsp;</a> closed at $23.60, up 4.4% from Friday's $22.60, after testing as high as $24.28 intraday. Volume came in at 2.26M shares — lighter than Friday's surge, but still nearly double the average.\nThe bigger picture: this stock has gone from $16.76 to $23.60 in five trading days — a real, sustained move, not a one-day fluke. Friday's dip to $21 got bought, and today buyers pushed through to a fresh leg higher.\nShort float remains above 60%. With every green day, the math on a potential forced short-covering scenario gets a little more interesting heading into earnings (around Aug 4–12).\nStrength is continuing. I'm still watching.\n<img src=\"https://community-static.tradeup.com/news/735c0527598e470eb9ffe9444689621b\" tg-width=\"1320\" tg-height=\"1765\"></body></html>","htmlText":"<html><head></head><body>The stock keeps climbing.\nMonday delivered another leg up. <a href=\"https://ttm.financial/S/GRPN\">$Groupon(GRPN)$&nbsp;</a> closed at $23.60, up 4.4% from Friday's $22.60, after testing as high as $24.28 intraday. Volume came in at 2.26M shares — lighter than Friday's surge, but still nearly double the average.\nThe bigger picture: this stock has gone from $16.76 to $23.60 in five trading days — a real, sustained move, not a one-day fluke. Friday's dip to $21 got bought, and today buyers pushed through to a fresh leg higher.\nShort float remains above 60%. With every green day, the math on a potential forced short-covering scenario gets a little more interesting heading into earnings (around Aug 4–12).\nStrength is continuing. I'm still watching.\n<img src=\"https://community-static.tradeup.com/news/735c0527598e470eb9ffe9444689621b\" tg-width=\"1320\" tg-height=\"1765\"></body></html>","text":"The stock keeps climbing. Monday delivered another leg up. $Groupon(GRPN)$ closed at $23.60, up 4.4% from Friday's $22.60, after testing as high as $24.28 intraday. Volume came in at 2.26M shares — lighter than Friday's surge, but still nearly double the average. The bigger picture: this stock has gone from $16.76 to $23.60 in five trading days — a real, sustained move, not a one-day fluke. Friday's dip to $21 got bought, and today buyers pushed through to a fresh leg higher. Short float remains above 60%. With every green day, the math on a potential forced short-covering scenario gets a little more interesting heading into earnings (around Aug 4–12). Strength is continuing. I'm still watching.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/580544189780224","repostId":0,"isVote":1,"tweetType":1,"viewCount":0,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SPY","GRPN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":589,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/580544189780224"}