New World Blog

Stock - Investment

GRPN - Groupon Stock

My first feeling was: That is a lot of money (roughly $18 Billion) valueing the company: Groupon, This neewbee seems popular but why would I pay $20 a share for a company which does not make money AND not likely is going to make a lot...

My last statement: "Not likely to make a lot in the near future", I based on the assumptions:
The products/service provided, a coupon everyday is not a rocket science, the simple product offering makes it easy for competitors to get into the market. We allready have seen in the last few months: Living Social, Google Deals, Union Truibune Deals (San Diego Newspaper), Travelzoo Local Deals, to name a few.

December 5, 2011

GRPN went mainly down and back up a bit: from $26 down to $16 and back to $20 now around $19.

Analyst opinion: 3 (average buy-sell)

Nov 28, 2011

Groupon Korea fined for posting deceptive reviews

The Korea Herald

November 23, 2011

Another day of 2 digit drops for GRPN.