GRPN has actually been extremely successful once you understand its sole purpose is to effect a transfer of wealth from the bagholders and foolishly bullish to the insiders unloading their free toilet paper!
Very true bro. And let us not forget about the hundreds of million of dollars in pure cash the founders plundered from pre IPO investors. Groupon for them is the gift that just keeps on giving. For the longs and other investors Groupon is a black hole of poverty.
Short sellers are causing most of the problems for this stock. Year-over-year and quarter-over-quarter the company did pretty good. They are also attacking stocks the sector right now. When was the last time you moved over $2 billion in inventory. There is nothing wrong with this company but the shorts attacking its stock and image to gain from their bets.