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Comment by druiid | Hacker News Reader

I have to be honest.. I follow and trade stocks and I hadn't heard that the Groupon IPO actually occurred. The last I had heard they were having to re-file and all that fun stuff because their financials were essentially one great big lie.

Due to all of this, I am not at all surprised the stock is at the level it is. IMHO the web-tech stocks released lately are all a big wash and pushing into Web 1.0 'bubble' territory, dangerously

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i'm having a hard time understanding how you follow the market and stocks, and yet missed the Groupon IPO. Maybe you were on vacation??

I guess I must have been! I'm not trying to be hyperbolic or anything as well! Heh.

haha well it's probably a good thing! Unless you short stocks...

Nah, no shorting, although when the FB stock was announced and shares made available I was wishing I had the money free for shorting those.

To be fair, I don't think anyone missed the initial IPO, given that roughly half the stories on HN at the time were about how terrible an investment it would be.

I imagine that if they had to pull and re-file their IPO (not being a follower of stocks, I don't actually know that to be the case), their re-entry into the market was most likely a little more...quiet, shame-faced and chastised, as it were.

Likely I'm just remembering the chain of events incorrectly then! But either way, yeah... that was a boat I saw along with the rest of the tech community that was trying to bail water as quickly as it was coming in.

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