Groupon, Inc. (NASDAQ:GRPN)
CAPS Rating:
The leading Deal of The Day site with discounts on things to do, eat, see and buy. Currently providing subscribers in over 550 cities world wide with unique local discounts based on group buying and promising businesses a minimum number of customers.
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Fool UK
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where do i start?
unprofitable business model
no competitive advantage
TONS of competitors (looks like "perfect competition" to me)
Google Offers, local newspapers now offer daily deals, Living Social etc...
I wouldn't buy this stock at 10 dollars let alone 27.
Soon you will be able to buy it for $9.00. Would that be low enough??
Didn't think so. Me neither.
I agree. 600 million shares freed up when the lockup period expires 6-1-12. I usually sell puts. I'm buying them on this one.