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Groupon, Inc. (GRPN) Message Board

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  • BAGOFSWAGS BAGOFSWAGS May 13, 2012 11:38 PM Flag

    popular to bash this BUT

    Tangible net assets are about 80 cents per share. Therefore, they need $6 billion in cash or more and "no debt" to be valued properly, say $9 billion and "no debt" to be considered undervalued.

    The CEO already waved the white flag. By saying they want to "be the operating system for the multitrillion dollar local enterprises", he said " our results and projections and future as is will be disappointing, so we will pretend we have some excellent, big ideas to implement that we will let you in on during the earnings call"

 
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