Groupon Is Chasing A Falling Star

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About: Groupon, Inc. (GRPN), Includes: EBAY, WMT
by: Michael Henage
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Michael Henage
Long only, value, Growth, growth at reasonable price
Summary

How does Groupon sell at full price?. It doesn't.

If Goods is the future for Groupon, the future involves more red ink.

Customers seem to be finding better deals elsewhere; investors should probably follow suit.

Oh Groupon (NASDAQ: GRPN), how frustrating you have been for investors. Not that many years ago, the company seemed like a misunderstood growth story. Groupon’s traditional service revenue was flat, but Goods revenue was