Groupon director sells 500,000 shares

By Bobby Raines,

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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 Nasdaq, Inc.

Originally published on

This article appears in: Investing Options
Referenced Stocks: GRPN

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