Groupon (GRPN) is "not a coupon company," writes Rocky Agrawal following the firm's Q4...

|By:, SA News Editor

Groupon (GRPN) is "not a coupon company," writes Rocky Agrawal following the firm's Q4 restatement, it's "essentially a sub-prime lender that does zero risk assessment." Agrawal slates Groupon for a variety of sins and estimates it has $500-$750M in off-balance sheet liabilities. He also reckons the stock could head to zero within 36 months.