Gyroscopic Investing

I am definitely not a stock picker but I have a good feeling about a company called Retailmenot. It is an online coupon business that had a recent IPO. I see it as being in the same social media class as Yelp, Groupon, Zillow, FB but is still under the radar. Over 300 million customers have used this company's website to acquire coupons. All of those other companies mentioned above have popped recently. Up 3.83% today to 32.28/share.

"However, Mahaney said the company could face challenges as it is “very dependent”? on search engines for its traffic and that changes to search-engine algorithms “could negatively impact RetailMeNot’s ability to generate site traffic.”? "

Translation: Google's got them by the balls. 

As somebody who's own business model is pretty much in the same position, I say: Pass on this one.  You'll thank me, later. 

SALE appears to be popping, Coffee. Please take another look. And Happy New Year!

Reub wrote: SALE appears to be popping, Coffee. Please take another look. And Happy New Year!

13% in a couple of weeks! NICE! Happy New Year.

Retailmenot Inc. up 30% in the past month! Maybe I'll become a day trader.