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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
My book:
Learn to Treat Your Portfolio as a Business
  • Groupon Revisions Highlight New Model's Risks- Bloomberg 0 comments
    Apr 3, 2012 12:10 PM | about stocks: GRPN

    Groupon (GRPN) continues to be one of the truly confounding IPO's that have come out over the last few years. From the very beginning they have been extremely aggressive in their accounting methods which is simply not necessary if you have a great business. Groupon rushed into an IPO and they did everything they could to maximize the valuation, and to have to restate earnings this early in the game is very concerning.

    http://www.bloomberg.com/news/2012-04-02/groupon-revisions-highlight-new-model-s-risks.html

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: GRPN
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