Groupon up 23% on Strong Q1 Results

by Benzinga Staff
May 15, 2012 8:47 AM | 27 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Groupon Inc (NASDAQ: GRPN) is trading higher pre-market following its Q1 earnings announcement yesterday after the close. The company reported an EPS of $0.02 vs $0.01 estimates and revenues of $559.3 million vs $530.58 million estimates. Groupon also guided Q2 revenue $550-590 million vs $559 million estimates.Andrew Mason, CEO of Groupon stated: “We are pleased to report a record quarter that demonstrates our progress in unlocking the opportunity in local commerce for merchants and customers worldwide."Groupon is currently trading at $14.40, a gain of $2.67 or 22.71%.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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