Our two prior research posts on Oct. 31 and Nov. 21 expressed concerns about the value of Groupon stock and certain business fundamentals of the company, intended to be a discouragement about owning Groupon stock. As of Nov. 22, according to Bloomberg News, Groupon stock has declined back to near its IPO price of $20, after reaching as high as over $30 shortly after its IPO.
Absent any fundamental shift from its focusing on discount deals to initiating any kind of value-added marketing promotions for its merchant clients, we see no reasons that justify a meaningful upside for the stock.
Compare our past research results with market evolvements later on to see how our research may have panned out over time, which we hope should help increase our readers' confidence in trusting the quality of the investment research work we provide.
Absent any fundamental shift from its focusing on discount deals to initiating any kind of value-added marketing promotions for its merchant clients, we see no reasons that justify a meaningful upside for the stock.
Compare our past research results with market evolvements later on to see how our research may have panned out over time, which we hope should help increase our readers' confidence in trusting the quality of the investment research work we provide.
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