Howard Schultz and Kevin Efrusy are stepping down from the Groupon (GRPN) board, reports...

Howard Schultz and Kevin Efrusy are stepping down from the Groupon (GRPN) board, reports AllThingsD, citing sources. Schultz's departure is to be immediate, while Efrusy will not stand for re-election in June. Shares -9.8%.
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Comments (4)
  • Josh Krause
    , contributor
    Comments (1356) | Send Message
    !!!!!!!!!! Man, I really missed the boat not buying puts after the Financial restatements came to light.
    30 Apr 2012, 03:56 PM Reply Like
  • blitz22
    , contributor
    Comments (3) | Send Message
    not to late Krauser :)
    30 Apr 2012, 05:09 PM Reply Like
  • kwm3
    , contributor
    Comments (2454) | Send Message
    i wouln't want to be associated with that bag of SH## either. Buy puts, sell calls, doesn't matter.
    30 Apr 2012, 05:38 PM Reply Like
  • PutsAndCalls
    , contributor
    Comments (5) | Send Message
    There is still time - The lock up on pre-IPO investor shares expires June 1st. 602,803,328 shares will be released on top of the small float of 30MM primary shares from the IPO. That is a 2,000% increase in tradeable shares! We shall soon see what the true supply and demand on this stock is.
    30 Apr 2012, 07:02 PM Reply Like
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