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<title>Minyanville - Peter Pham RSS</title>
<description>
The Trusted Choice for the Wall Street Voice
</description>
<link>
		http://www.minyanville.com</link>
<copyright>
		2013Minyanville Publishing and Multimedia, LLC. All Rights Reserved
</copyright>
		<item>
<title><![CDATA[Jaguar's Flexibility Is Fueling AMD's Turnaround]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/stocks/articles/Jaguar2527s-Flexibility-Is-Fueling-AMD2527s/4/29/2013/id/49519</link>
<pubDate>
			Mon, 29 Apr 2013 10:15:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/stocks/articles/Jaguar2527s-Flexibility-Is-Fueling-AMD2527s/4/29/2013/id/49519</guid>
<description>
<![CDATA[It's no lie that it has been a difficult couple of years for Advanced Micro Devices (NYSE:AMD). Changes in management precipitated by strategic decisions that have gutted the chip maker's market share and revenue stream, however, are beginning to point the way to a brighter future.  Now on the eve of the launch of its most interesting product in a couple of years, it looks like the plan begun late in 2011 by then new-CEO Rory Read has been executed well enough to secure not only the firm's present, but position it for what may turn out to be one ]]>
</description>
<content:encoded>
	<![CDATA[It's no lie that it has been a difficult couple of years for Advanced Micro Devices (NYSE:AMD). Changes in management precipitated by strategic decisions that have gutted the chip maker's market share and revenue stream, however, are beginning to point the way to a brighter future.  Now on the eve of the launch of its most interesting product in a couple of years, it looks like the plan begun late in 2011 by then new-CEO Rory Read has been executed well enough to secure not only the firm's present, but position it for what may turn out to be one ]]>
</content:encoded>
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			<item>
<title><![CDATA[Microsoft's Solid Quarter Solidifies Rally]]></title>
<link>
			http://www.minyanville.com/sectors/technology/articles/Microsoft2527s-Solid-Quarter-Solidifies-Rally-tech/4/22/2013/id/49383</link>
<pubDate>
			Mon, 22 Apr 2013 09:48:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/sectors/technology/articles/Microsoft2527s-Solid-Quarter-Solidifies-Rally-tech/4/22/2013/id/49383</guid>
<description>
<![CDATA[Last month I felt Microsoft (NASDAQ:MSFT) was getting ready to break out from its range.  I noted that there was a significant point on the chart where the stock had not closed above $28.06 on a weekly basis for eight weeks between last January and mid-March.  Finally, the week of March 18 (#1) saw Microsoft close above $28.06.  This was a preliminary signal that the stock was in a position to challenge the top of the consolidation range &ndash; the shaded area on the chart &ndash; the high at $28.54 set on March 5.



The stock broke out the following ]]>
</description>
<content:encoded>
	<![CDATA[Last month I felt Microsoft (NASDAQ:MSFT) was getting ready to break out from its range.  I noted that there was a significant point on the chart where the stock had not closed above $28.06 on a weekly basis for eight weeks between last January and mid-March.  Finally, the week of March 18 (#1) saw Microsoft close above $28.06.  This was a preliminary signal that the stock was in a position to challenge the top of the consolidation range &ndash; the shaded area on the chart &ndash; the high at $28.54 set on March 5.



The stock broke out the following ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Nvidia Looks Vulnerable After Nexus Loss]]></title>
<link>
			http://www.minyanville.com/sectors/technology/articles/Nvidia-Looks-Vulnerable-After-Nexus-Loss/4/15/2013/id/48972</link>
<pubDate>
			Mon, 15 Apr 2013 10:45:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/sectors/technology/articles/Nvidia-Looks-Vulnerable-After-Nexus-Loss/4/15/2013/id/48972</guid>
<description>
<![CDATA[Graphics chipmaker Nvidia (NASDAQ:NVDA) is in a difficult position long term.  While its discrete graphics card business is still relatively strong, taking market share in 2012 from rival AMD (NYSE:AMD), this is a market that, overall, will continue to shrink in the coming months and years.  To its credit Nvidia has attempted to move into different markets, most notably the low-power mobile SoC (system on a chip) market with its Tegra line of ARM-based solutions.  Now, it is in the process of launching its fourth generation of the Tegra based on the Cortex A-15 core, for which early benchmarks are ]]>
</description>
<content:encoded>
	<![CDATA[Graphics chipmaker Nvidia (NASDAQ:NVDA) is in a difficult position long term.  While its discrete graphics card business is still relatively strong, taking market share in 2012 from rival AMD (NYSE:AMD), this is a market that, overall, will continue to shrink in the coming months and years.  To its credit Nvidia has attempted to move into different markets, most notably the low-power mobile SoC (system on a chip) market with its Tegra line of ARM-based solutions.  Now, it is in the process of launching its fourth generation of the Tegra based on the Cortex A-15 core, for which early benchmarks are ]]>
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<title><![CDATA[The Japanese QE Boomerang Play]]></title>
<link>
			http://www.minyanville.com/business-news/markets/articles/The-Japanese-QE-Boomerang-Play-bank/4/9/2013/id/49148</link>
<pubDate>
			Tue, 9 Apr 2013 10:20:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/business-news/markets/articles/The-Japanese-QE-Boomerang-Play-bank/4/9/2013/id/49148</guid>
<description>
<![CDATA[The first act by the new head of the Bank of Japan, Haruhiko Kuroda, was an unprecedented expansion of the country's quantitative easing (QE) program which is designed to double the BoJ's balance sheet over the next seven quarters.  In attempting to create a CPI running at 2%, the BoJ has set in motion a potential nightmare for itself with the unintended consequence of strengthening the euro and touching off a run on the Japanese yen that is far beyond anything currently anticipated.

One of the real problems with central bank money printing is the inability of the central bank ]]>
</description>
<content:encoded>
	<![CDATA[The first act by the new head of the Bank of Japan, Haruhiko Kuroda, was an unprecedented expansion of the country's quantitative easing (QE) program which is designed to double the BoJ's balance sheet over the next seven quarters.  In attempting to create a CPI running at 2%, the BoJ has set in motion a potential nightmare for itself with the unintended consequence of strengthening the euro and touching off a run on the Japanese yen that is far beyond anything currently anticipated.

One of the real problems with central bank money printing is the inability of the central bank ]]>
</content:encoded>
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			<item>
<title><![CDATA[Time to Look at Gold Miners Now That Bottom Is In]]></title>
<link>
			http://www.minyanville.com/sectors/precious-metals/articles/Time-to-Look-at-Gold-Miners/3/25/2013/id/48906</link>
<pubDate>
			Mon, 25 Mar 2013 12:38:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/sectors/precious-metals/articles/Time-to-Look-at-Gold-Miners/3/25/2013/id/48906</guid>
<description>
<![CDATA[The miscalculation by the Troika in Cyprus has finally put the last nail in the medium term short gold (NYSEARCA:GLD) investment thesis.  For just over a year and a half the central banks have coordinated, very effectively, to build an edifice of confidence in the global financial system that would allow the idea that quantitative easing would no longer be needed to finish the job of cleaning up the mess post-Lehman Bros.  The Troika, and most explicitly, the IMF, overplayed their hand last weekend with their demands for explicit looting of savers in order to go forward with a rescue ]]>
</description>
<content:encoded>
	<![CDATA[The miscalculation by the Troika in Cyprus has finally put the last nail in the medium term short gold (NYSEARCA:GLD) investment thesis.  For just over a year and a half the central banks have coordinated, very effectively, to build an edifice of confidence in the global financial system that would allow the idea that quantitative easing would no longer be needed to finish the job of cleaning up the mess post-Lehman Bros.  The Troika, and most explicitly, the IMF, overplayed their hand last weekend with their demands for explicit looting of savers in order to go forward with a rescue ]]>
</content:encoded>
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			<item>
<title><![CDATA[What to Expect From Crude Oil in the Face of Eurozone Fears]]></title>
<link>
			http://www.minyanville.com/sectors/energy/articles/Crude-Oil-Vulnerable-on-Eurozone-Fears/3/4/2013/id/48509</link>
<pubDate>
			Mon, 4 Mar 2013 11:18:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/sectors/energy/articles/Crude-Oil-Vulnerable-on-Eurozone-Fears/3/4/2013/id/48509</guid>
<description>
<![CDATA[The results of the Italian elections have sent the markets into a veritable tizzy.  What had been a simple story of the "Draghi Put" underscoring the floor at $1.20 on the euro last summer has quickly turned into a sequel to last year's Greek Tragedy.  The complete repudiation of the EU's hand-chosen &ndash; and unelected &ndash; Prime Minister, Mario Monti, has brought the specter of a breakup of the eurozone back to the headlines.  I'm not sure that anything that drastic will occur, but it may create an opportunity for Italy to drive a better bargain with the so-called Troika ]]>
</description>
<content:encoded>
	<![CDATA[The results of the Italian elections have sent the markets into a veritable tizzy.  What had been a simple story of the "Draghi Put" underscoring the floor at $1.20 on the euro last summer has quickly turned into a sequel to last year's Greek Tragedy.  The complete repudiation of the EU's hand-chosen &ndash; and unelected &ndash; Prime Minister, Mario Monti, has brought the specter of a breakup of the eurozone back to the headlines.  I'm not sure that anything that drastic will occur, but it may create an opportunity for Italy to drive a better bargain with the so-called Troika ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[A Bullish View of Volkswagen: No Bugs in This Strategy]]></title>
<link>
			http://www.minyanville.com/sectors/global-markets/articles/A-Bullish-View-of-Volkswagen-tm/2/11/2013/id/48015</link>
<pubDate>
			Mon, 11 Feb 2013 09:44:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/sectors/global-markets/articles/A-Bullish-View-of-Volkswagen-tm/2/11/2013/id/48015</guid>
<description>
<![CDATA[No industry has gone through more upheaval in the past five years than the auto industry, and as we begin to emerge from the worst of this phase in global economic growth, the details of the new landscape for automakers are becoming clearer.  In that new landscape Volkswagen (PINK:VLKAY) is emerging as the dominant auto producer in the world.  Only Toyota (NYSE:TM) in my opinion stands a reasonable chance of stopping the German juggernaut.

Part of VW's success will be the complete implosion of its European counterparts like Peugeot (PINK:PEUGY) and Renault (PINK:RNSDF).  Volvo's (PINK:VOLVY) profits just dropped 85% in ]]>
</description>
<content:encoded>
	<![CDATA[No industry has gone through more upheaval in the past five years than the auto industry, and as we begin to emerge from the worst of this phase in global economic growth, the details of the new landscape for automakers are becoming clearer.  In that new landscape Volkswagen (PINK:VLKAY) is emerging as the dominant auto producer in the world.  Only Toyota (NYSE:TM) in my opinion stands a reasonable chance of stopping the German juggernaut.

Part of VW's success will be the complete implosion of its European counterparts like Peugeot (PINK:PEUGY) and Renault (PINK:RNSDF).  Volvo's (PINK:VOLVY) profits just dropped 85% in ]]>
</content:encoded>
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			<item>
<title><![CDATA[Caterpillar: Mixed Earnings and Mixed Future]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/stocks/articles/Caterpillar-Mixed-Earnings-and-Mixed-Future/2/6/2013/id/47915</link>
<pubDate>
			Wed, 6 Feb 2013 10:05:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/stocks/articles/Caterpillar-Mixed-Earnings-and-Mixed-Future/2/6/2013/id/47915</guid>
<description>
<![CDATA[Caterpillar (NYSE:CAT) recently reported disappointing quarterly results due to write down of its Chinese subsidiary and falling demand. The company's profit dropped 55% from $1.5 billion to $697 million as it undertook a massive $580 million write-down of a Chinese business that it acquired for approximately $780 million. Revenues also dropped by 7% to $16.08 billion while analysts were expecting $16.12 billion. One would expect revenue to be off slightly if one of your subsidiaries turned out to be a shell.

Caterpiller has predicted a recovery in the US housing market and expects Chinese economy to grow by 8.5% in ]]>
</description>
<content:encoded>
	<![CDATA[Caterpillar (NYSE:CAT) recently reported disappointing quarterly results due to write down of its Chinese subsidiary and falling demand. The company's profit dropped 55% from $1.5 billion to $697 million as it undertook a massive $580 million write-down of a Chinese business that it acquired for approximately $780 million. Revenues also dropped by 7% to $16.08 billion while analysts were expecting $16.12 billion. One would expect revenue to be off slightly if one of your subsidiaries turned out to be a shell.

Caterpiller has predicted a recovery in the US housing market and expects Chinese economy to grow by 8.5% in ]]>
</content:encoded>
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			<item>
<title><![CDATA[Silver Has High Breakout Potential in February]]></title>
<link>
			http://www.minyanville.com/sectors/precious-metals/articles/Silver-Has-High-Breakout-Potential-in/2/4/2013/id/47845</link>
<pubDate>
			Mon, 4 Feb 2013 09:10:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/sectors/precious-metals/articles/Silver-Has-High-Breakout-Potential-in/2/4/2013/id/47845</guid>
<description>
<![CDATA[Silver and gold have been interesting to watch since the beginning of the year.  We've seen violent inter-day swings and failed breakouts.  The current trading setup in silver, however, is very bullish for this week and the rest of February.  If this setup succeeds it will represent a reversal in the price on a monthly basis and a new trending move. 

For this article I'll use the iShares Silver Trust ETF (NYSEARCA:SLV) to assess price.  I will also be using trading quantitative techniques that I discuss in my book The Big Trade: Simple Strategies for Maximum Market Returns. My system ]]>
</description>
<content:encoded>
	<![CDATA[Silver and gold have been interesting to watch since the beginning of the year.  We've seen violent inter-day swings and failed breakouts.  The current trading setup in silver, however, is very bullish for this week and the rest of February.  If this setup succeeds it will represent a reversal in the price on a monthly basis and a new trending move. 

For this article I'll use the iShares Silver Trust ETF (NYSEARCA:SLV) to assess price.  I will also be using trading quantitative techniques that I discuss in my book The Big Trade: Simple Strategies for Maximum Market Returns. My system ]]>
</content:encoded>
			</item>
			<item>
<title><![CDATA[Think the Shale Gas Boom Is a No-Brainer for Investors? Think Again]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/commodities/articles/Shale-Gas-Boom-Is-a-No/1/29/2013/id/47731</link>
<pubDate>
			Tue, 29 Jan 2013 13:50:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/commodities/articles/Shale-Gas-Boom-Is-a-No/1/29/2013/id/47731</guid>
<description>
<![CDATA[For the past 40 years, those in the US have been regaled by politicians about the need to rid the nation of the dependency on foreign oil, all the while operating a foreign policy built solely around the securing and maximizing of the flow of said foreign oil to the US.  Now that Energy Return on Energy Invested (ERoEI)  has become a topic of real interest, and the structural price for a barrel of oil equivalent (BOE) is firmly in the $100 per barrel range, the unlocking of various unconventional or tight supplies of oil and gas are not only ]]>
</description>
<content:encoded>
	<![CDATA[For the past 40 years, those in the US have been regaled by politicians about the need to rid the nation of the dependency on foreign oil, all the while operating a foreign policy built solely around the securing and maximizing of the flow of said foreign oil to the US.  Now that Energy Return on Energy Invested (ERoEI)  has become a topic of real interest, and the structural price for a barrel of oil equivalent (BOE) is firmly in the $100 per barrel range, the unlocking of various unconventional or tight supplies of oil and gas are not only ]]>
</content:encoded>
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			<item>
<title><![CDATA[The Top Five Southeast Asia Investment Trends for 2013]]></title>
<link>
			http://www.minyanville.com/sectors/global-markets/articles/The-Top-Five-Southeast-Asia-Investment/1/15/2013/id/47383</link>
<pubDate>
			Tue, 15 Jan 2013 11:35:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/sectors/global-markets/articles/The-Top-Five-Southeast-Asia-Investment/1/15/2013/id/47383</guid>
<description>
<![CDATA[It is the beginning of a new calendar year and with it come the inevitable (and interminable) lists of ideas which will mark why this year will be different than the last one. The very act of creating yet another Top 10 List serves as an ironic reminder of the one constant of what we as investors, traders, and advisors have to plan for every year, which is change itself.

For US investors interested in Southeast Asia, here are a few ideas that should help you navigate a lot of the noise that will attempt to confuse you in the ]]>
</description>
<content:encoded>
	<![CDATA[It is the beginning of a new calendar year and with it come the inevitable (and interminable) lists of ideas which will mark why this year will be different than the last one. The very act of creating yet another Top 10 List serves as an ironic reminder of the one constant of what we as investors, traders, and advisors have to plan for every year, which is change itself.

For US investors interested in Southeast Asia, here are a few ideas that should help you navigate a lot of the noise that will attempt to confuse you in the ]]>
</content:encoded>
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			<item>
<title><![CDATA[Is Apple's Halo Slipping?]]></title>
<link>
			http://www.minyanville.com/sectors/technology/articles/AAPL-apple-apple-earnings-aapl-earnings/8/9/2012/id/43097</link>
<pubDate>
			Fri, 10 Aug 2012 09:15:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/sectors/technology/articles/AAPL-apple-apple-earnings-aapl-earnings/8/9/2012/id/43097</guid>
<description>
<![CDATA[Apple (AAPL) reported what was for any other company a complete blowout of a quarter, especially when having to write off an entire continent (Europe).  During the quarter they made $6.5 billion in net profit for $9.32 per share.

Yet this was considered a huge miss. 

Expectations for the company are so high and its margins are so vast that the Wall Street sell-side projections for the business got way ahead of even Apple's guidance.  Given that this is the single most covered company in the world, there were a lot of eyes on it.

That said, I think there ]]>
</description>
<content:encoded>
	<![CDATA[Apple (AAPL) reported what was for any other company a complete blowout of a quarter, especially when having to write off an entire continent (Europe).  During the quarter they made $6.5 billion in net profit for $9.32 per share.

Yet this was considered a huge miss. 

Expectations for the company are so high and its margins are so vast that the Wall Street sell-side projections for the business got way ahead of even Apple's guidance.  Given that this is the single most covered company in the world, there were a lot of eyes on it.

That said, I think there ]]>
</content:encoded>
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			<item>
<title><![CDATA[LinkedIn Is Takin' Care of Business]]></title>
<link>
			http://www.minyanville.com/sectors/media/articles/social-media-social-media-companies-LNKD/7/6/2012/id/42213</link>
<pubDate>
			Fri, 6 Jul 2012 10:20:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/sectors/media/articles/social-media-social-media-companies-LNKD/7/6/2012/id/42213</guid>
<description>
<![CDATA[In the rock and roll world of social media, icons and legends come and go with screaming swarms of fans always on the lookout for the approaching limo of the next big thing. It wasn't so long ago that Friendster and MySpace were riding high and filling the proverbial stadiums. Then came Facebook (FB) and Twitter and now Pinterest.  Time will tell which way the social winds blow and who the next young upstart will be.

The Strong, Silent Type

Meanwhile LinkedIn (LNKD) is off on the sidelines, quietly doing its own thing and taking care of business. LinkedIn was ]]>
</description>
<content:encoded>
	<![CDATA[In the rock and roll world of social media, icons and legends come and go with screaming swarms of fans always on the lookout for the approaching limo of the next big thing. It wasn't so long ago that Friendster and MySpace were riding high and filling the proverbial stadiums. Then came Facebook (FB) and Twitter and now Pinterest.  Time will tell which way the social winds blow and who the next young upstart will be.

The Strong, Silent Type

Meanwhile LinkedIn (LNKD) is off on the sidelines, quietly doing its own thing and taking care of business. LinkedIn was ]]>
</content:encoded>
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			<item>
<title><![CDATA[Cisco: The Big Reversal]]></title>
<link>
			http://www.minyanville.com/mvpremium/2012/07/03/cisco-the-big-reversal/</link>
<pubDate>
			Tue, 3 Jul 2012 12:32:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/mvpremium/2012/07/03/cisco-the-big-reversal/</guid>
<description>
<![CDATA[Cisco (CSCO), after a few years of minimal growth and range-bound stock pricing, looks to be back on the path of growth. In late 2010 and early 2011, things were bleak with the company, which put off its traditional customers by getting into the server market; this was costing Cisco business in switches and routers which have been its core business for years.Â  But, the gamble of the Unified Computing Service platform has begun to bear fruit and is now putting its competition -- which has only recently sniped business out from underneath it -- on the defensive. This has ]]>
</description>
<content:encoded>
	<![CDATA[Cisco (CSCO), after a few years of minimal growth and range-bound stock pricing, looks to be back on the path of growth. In late 2010 and early 2011, things were bleak with the company, which put off its traditional customers by getting into the server market; this was costing Cisco business in switches and routers which have been its core business for years.  But, the gamble of the Unified Computing Service platform has begun to bear fruit and is now putting its competition -- which has only recently sniped business out from underneath it -- on the defensive. This has ]]>
</content:encoded>
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<title><![CDATA[Cisco: The Big Reversal]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/stocks/articles/tech-sector-technology-sector-tech-sector/7/2/2012/id/42139</link>
<pubDate>
			Mon, 2 Jul 2012 13:00:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/stocks/articles/tech-sector-technology-sector-tech-sector/7/2/2012/id/42139</guid>
<description>
<![CDATA[Cisco (CSCO), after a few years of minimal growth and range-bound stock pricing, looks to be back on the path of growth. In late 2010 and early 2011, things were bleak with the company, which put off its traditional customers by getting into the server market; this was costing Cisco business in switches and routers which have been its core business for years.  But, the gamble of the Unified Computing Service platform has begun to bear fruit and is now putting its competition -- which has only recently sniped business out from underneath it -- on the defensive. This has ]]>
</description>
<content:encoded>
	<![CDATA[Cisco (CSCO), after a few years of minimal growth and range-bound stock pricing, looks to be back on the path of growth. In late 2010 and early 2011, things were bleak with the company, which put off its traditional customers by getting into the server market; this was costing Cisco business in switches and routers which have been its core business for years.  But, the gamble of the Unified Computing Service platform has begun to bear fruit and is now putting its competition -- which has only recently sniped business out from underneath it -- on the defensive. This has ]]>
</content:encoded>
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<title><![CDATA[The Great Groupon Pile On]]></title>
<link>
			http://www.minyanville.com/trading-and-investing/stocks/articles/GOOG-grpn-qqqc-fb-facebook-groupon/6/18/2012/id/41799</link>
<pubDate>
			Mon, 18 Jun 2012 11:35:00EST
</pubDate>
<guid isPermaLink="true">
			http://www.minyanville.com/trading-and-investing/stocks/articles/GOOG-grpn-qqqc-fb-facebook-groupon/6/18/2012/id/41799</guid>
<description>
<![CDATA[Groupon (GRPN) went from nothing to a $13 billion valuation, rejecting a $6 billion buyout offer from Google (GOOG), going public within three years, and sparking an epic gold rush in the daily deal space. Almost overnight, more than 900 clone sites launched around the world, serving virtually every imaginable niche and local market.
	
	Dealing In
	
	Groupon appears to be rebounding from its post-IPO days as Wall Street's whipping boy after its stock plummeted to $10, half of its IPO price. Quarterly earnings beat consensus as the company reported revenues of $559 million, 4% above analyst estimates of $530 million. ]]>
</description>
<content:encoded>
	<![CDATA[Groupon (GRPN) went from nothing to a $13 billion valuation, rejecting a $6 billion buyout offer from Google (GOOG), going public within three years, and sparking an epic gold rush in the daily deal space. Almost overnight, more than 900 clone sites launched around the world, serving virtually every imaginable niche and local market.
	
	Dealing In
	
	Groupon appears to be rebounding from its post-IPO days as Wall Street's whipping boy after its stock plummeted to $10, half of its IPO price. Quarterly earnings beat consensus as the company reported revenues of $559 million, 4% above analyst estimates of $530 million. ]]>
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