Jul. 23 at 3:21 PM
$GRPN - Institutions now effectively control the float in GRPN, with ownership running at roughly 140%. Short interest is still elevated at around 60%, and the company continues to retire shares through buybacks. That combination keeps the supply side tight even as the story evolves.
With institutional ownership this high, traditional shorting is far less effective. Shorts increasingly have to lean on option structures to express downside views, which pushes more of the risk into the derivatives market. When that happens against a tight float, option‑driven positioning becomes fuel for a gamma squeeze. A parabolic move is not a guarantee, but the mechanics are in place.
Near term, a pullback toward the 24.50 area would not break the setup. The grind higher is still intact. Price action remains stable, and we are still trading above the 10‑day, 20‑day, 30‑day, and 50‑day moving averages. That keeps the technical uptrend valid and reinforces the view that dips into support are part of the structure, not the end of it.
What changes the narrative from here is not just the squeeze potential, but the shift in how the market frames GRPN. As the AI and data‑driven personalization story moves to the forefront into earnings, the stock is positioned where elevated institutional ownership, constrained short mechanics, and an improving technical profile can all intersect.
Setup still intact. Structure stronger. Congratulations to all the groupies Let’s see what Groupon does with this into the next print. Keep Grinding.
