Strange that last week, GRPN made a complete up and down cycle from $3.38 to $3.66= .28 cents. To make real money with this kind of stock, you would have to intra-day , day trade and buy a large amounts of PUT options and/or shares of stock. Example: with a 1000 shares or 10 PUT contracts, you could risk a little and make around $300 (if you did an straddle, strangle or covered call). Fundamentals are bad, but technical's on chart appears , at this time
This is valid for Monday or 5/15/17
is below 50, but going up now
Per chart: On chart impulse wave (12345) is over
$3.50 is 1st Resistance on chart
* Big question is YOU need to pick stock selections by a stock screener and with stocks under $5.00, really need to dig deep and answer those: what, why, where, how and who questions, before trading or investing in them. Just make sure that you make a plan and trade your plan. Cut your losses quickly.