How do you feel about the stock Groupon? Buy, hold or sell?
Asked by
Aster (
20028)
September 30th, 2013
I may have made a mistake buying GRPN. I’m just not sure . Any opinons out there?
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5 Answers
Why did you buy it and what did you expect your return to be?
I don’t really see WTF GroupOn does. As such, I wouldn’t buy it unless I were swing trading or day trading, which I mostly don’t do.
GRPN COMPANY OVERVIEW
Company Contact
Headquarters:Suite 400, 600 West Chicago Avenue
CHICAGO, IL 60654
Web Address:
http://www.groupon.com
Groupon, Inc. (Groupon) is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. Each day the Company e-mails its subscribers discounted offers for goods and services that are targeted by location and personal preferences. Consumers also access its deals directly through its Websites and mobile applications. The Company operates in two segments: North America, which represents the United States and Canada; and International, which represents the rest of its global operations. Customers purchase Groupons from the Company and redeem them with its merchants. In September 2013, the Company announced the acquisition of last-minute travel app Blink. In September 2013,
I never have a firm “expectation” number. But now I hope you know “WTF” Groupon does. I’m down 5% and will probably sell down 10%.
You seem irritable.
People were crazy for Groupons when they first appeared. Now, they’re tired of having to negotiate the coupons at the till, and/or they’re tired of getting all the spam emails, and/or they’ve found more convenient (or just different) ways of getting good deals. Not to mention that there are half a dozen copycat companies competing in this market now. I think Groupon has peaked, and will continue to wane. I can only assume this will have a negative impact on its stock.
@Aster: It wasn’t irritable, I was just wondering about your expectations because it’s hard to answer if you don’t have any. I knew what it sells, but what’s its strategy and edge? I usually just want to know that, and in the case of GroupOn I really never saw one, which makes me wary – but that’s me, personally, not to say you should strategize the same way I would.
It’s not 100%: it kept me away from Apple too, though maybe I was right in the long run. :-\
Anyway, if you expect it to go down, any opportunity to buy put options?
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