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People Are Shorting Groupon Like Crazy
Basically, it's impossible to short
Groupon
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now because everyone has the same idea.
From FT:
The shares were still 21 per cent higher by Thursday. But, when it first became possible to short the shares this week – meaning to borrow them from another investor and sell them, hoping to later buy them back at a lower price – short sellers borrowed nearly all the available shares, according to Da...
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Summary
The shares were still 21 per cent higher by Thursday. But, when it first became possible to short the shares this week – meaning to borrow them from another investor and sell them, hoping to later buy them back at a lower price – short sellers borrowed nearly all the available shares, according to Data Explorers, which tracks stock lending.
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