Maybe GS is right, but I do not forget when in 2011 GS recommended buying $ GRPN when these shares were around $ 20.Clearly the Groupon path will not be easy and will be step by step. But I think the future will be prosperous for this company.
I'm not sure I consider it very cheap, I do think there is a lot of value in the company, but I do believe Rich isn't unlocking it like I had hoped he would. Groupon has the ability to make funny memorable viral posts online with their concept and they are failing at that style of marketing. I also don't see why they are not turning their users into a stronger network by allowing the ability to message users giving them a reason to use the site like a social media network instead of just a purchase and leave concept.
There are plenty of opportunities, but the board does not have these ideas that would be ideal for the full development of the company. They must take advantage of the capacity of development that allows them to be part of social networks