Groupon director sells 500,000 shares

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Bobby Raines 01/30/2014

Bradley Keywell, who serves on the board at Groupon ( GRPN ) , sold 500,000 shares of the company's common stock between Jan. 27 and Jan. 28. At prices between $10.09 and $10.37 per sahre, Keywell pulled in a total of $5,115,000 from the sale.

IK-> The technicals for GRPN ($10.78 up $0.36) are bullish with a neutral trend. The recent support has been around $8.75 and recent resistance has been around $12.08. Standard & Poor's does not follow the stock. Look at the April 14/19 bear-call spread for a 20-cent credit. That's a 4.17% return and the stock has to rise 29.9% to cause a problem.  [InvestorsKeyhole, Various news and data services]




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: GRPN

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