This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Tech Stocks to Trade (or Not)

Groupon

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Nearest Resistance: $7.50

Nearest Support: N/A

Catalyst: Earnings Aftermath

Groupon (GRPN - Get Report) is another stock that's getting shoved lower today, in this case simply because of the aftermath of the firm's bad earnings call on Monday. Shares are down more than 5.6% as I write this afternoon, unable to catch a bid after plunging into new all-time lows since GRPN's IPO.

>>5 Toxic Stocks to Sell Now

Groupon is another name that I featured in " 5 Social Networking Stocks to Sell Now" -- except GRPN was trading almost 30% higher back then.

I'd strongly recommend against trying to be a Groupon buyer here. While the site is known for offering consumers bargains and deals, this stock is neither right now.

4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
CSCO $28.48 0.00%
FB $83.09 0.00%
GRPN $7.25 0.00%
NTAP $35.99 0.00%
AAPL $127.60 0.00%

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs