And now Guilty of Consumer Fraud in UK. You really think they do anything more ethical in USA or anywhere else?
And the underwriters who are propping the share price up daily of this sham are:
Goldman Sachs Group Inc
Credit Suisse Ltd
Allen & Co
Bank of America
Deutsche Bank Securities
William Blair & Co
Loop Capital Markets
RBC Capital Markets
Williams Capital Group
ok .. time will tell - peace out .. if I see a competitor to groupon having at least 50% marker share, I will bail out on groupon ... until that happens, i believe in groupon's success despite naysayers.
if it is not profitable, why google wanted to pay $6B .. and later decided to any way enter the market .. same with other big companies.
if one does not believe in groupon model, they would not even try ... but that's not what happened .. everybody tried and failed or failing and nobody has anywhere near groupon's marketshare
and that is a fact as of now despite whatever those media guys/clerks who never built a business opines about ...
once again, let time tell ... I could be wrong in groupon and may be somebody will overtake them .. but I don't see it around the corner now ..
this video is why they paid themselves...nothings changed, smoke and mirrors. now a farce, a non-ipo ipo, most retail share holders have fled. initial investors keep spending and spending to prop grpn up until they can figure a way to escape.
an initial public offering in which the public has left, how bizarre. my brokerage keeps saying no shares available to short. i know we are at the whims of the mm's--until may. they are only willing to take so much of a loss. good luck all