Thursday, February 28, 2013

Groupon - GRPN


We have been following Groupon since its less than accurate decision to reject Google's offer for 6 billion dollars. So far it has proven to be a fail decision by Andrew Mason as well as for investors which missed on the worst executive decision ever, pre IPO.  Groupon is now moving from day to day deals to what they call "Deal Bank", explained in the article by WSJ. With the stock at $4.74, we are waiting for something that can save this company from Mason other that letting him go.