r/wallstreetbets
EVERYTHING RED.... $GRPN.... GREEN
GRPN shows relative strength in a sell-off, fueled by extreme short interest and a potential short squeeze setup.
- Extreme short interest at 54-57% of the float with 5-7 days to cover creates a highly volatile squeeze setup.
- Showing relative strength and refusing to drop despite a broader market sell-off.
- Groupon is a fundamentally weak, 'hated, ugly, left-for-dead' company with a history of poor performance.
GRPN was green while the rest of the tape looked like roadkill under a heat lamp.
That matters.
This isn’t some bloated mega-cap pretending it has room to run. This is a hated, ugly, left-for-dead little bastard with about 12.98M shares short and roughly 54% to 57% of the float sold short. Days to cover sits around 5 to 7 depending on the feed.
That’s not a stock. That’s a mousetrap with a lit cigarette hanging over it.
The bear case is obvious. Groupon has been kicked around for years. Everyone knows the name. Everyone thinks it’s dead. That’s exactly why this setup gets interesting.
Because when a stock this shorted starts refusing to die, the math gets spicy fast. One real volume day, one nasty green candle, one “wait, why is GRPN moving?” moment, and suddenly shorts aren’t analysts anymore. They’re buyers.
I’m not saying it pops today.
I’m saying the squeeze fuel is sitting there in plain sight, and the market just gave you the wink.
Not financial advice. I just like ugly stocks with crowded exits.