Shareholder Update: Groupon Inc (NASDAQ:GRPN), WELL POWER INC (OTCBB:WPWR), Seabridge Gold, Inc. (USA) (NYSE:SA)

Boston, MA 03/04/2014 (wallstreetpr) – Groupon Inc (NASDAQ:GRPN): Analysts are of the opinion that GRPN is well placed to take advantage of the opportunities in mobile marketplace. Among the noticeable strengths in the company are its easily recognizable brand, attractive free cash flow and market share potential. These advantages have the potential of accelerating growth and profitability in the company. It is for these prospects that Barrington Research has positively commented on the stock, placing $14 price target and issuing outperform rating. The move by Groupon Inc (NASDAQ:GRPN) to expand its international presence and pulling subscribers to its personalized website instead of sending emails have also provided opportunity for its growth. Shares of Groupon Inc (NASDAQ:GRPN) gained $1.68 percent to $8.45 in the last session.

WELL POWER INC (OTCBB:WPWR) announced a new technology that is viewed as just the very thing that oil and gas companies have been looking for. Dealing with wastes resulting from processing of natural gas is a troubling thing for companies around the world. In fact, it is reported that the current methods of disposing such wastes only add to greenhouse gas emission and even negatively impact the health of local populations. Thus, Micro Refinery Unit technology that WPWR is fronting has the potential of bringing sanity to dealing with natural gas wastes. The technology is billed as high-yield, economical and mobile. So then, this development could usher in good financial tiding for WELL POWER if oil and gas companies like the technology. Shares of WELL POWER INC (OTCBB:WPWR) ended down 28.29 percent to $0.588 Monday, amid speculations that the company was in some kind of stock promotion scheme.

Seabridge Gold, Inc. (USA) (NYSE:SA) managed to hold on to positive position in Monday trading, gaining 2.3 percent to $8.88 to the final bell. In the day, the stock touched low point at $8.75 and high point at $9.16. An exceedingly high volume of shares than daily average volume was exchanged in the day.

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Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.

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