SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Groupon, Inc.
GRPN 17.94-5.1%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: epicure who wrote (259)8/11/2012 10:11:32 PM
From: Glenn Petersen1 Recommendation  Read Replies (1) of 480
 
I picked up a few shares a couple of weeks ago in anticipation of their earnings release. I am expecting an upside surprise.

I don't have a problem with Groupon's business model. For some reason they are being punished for having been clever enough to figure out how to get their customers to finance their business. Their balance sheet may be a bit of a mess, but then most restaurant companies operate quite profitably with negative working capital because they get credit from their vendors while taking in cash or credit cards from their customers.

The Groupon clones are falling by the wayside and they are fine tuning their model. Unfortunately, rushed their IPO. I would feel more confident if they brought in some adult supervision.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext