In about a month, there will be a lockup expiration, that would crash it.
"These positive earnings estimate revisions suggest that analysts are becoming more optimistic on GRPN’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Groupon could be a solid choice for investors."
Current Year Estimates for GRPN:
Meanwhile, Groupon’s current year figures are also looking quite promising, with 4 estimates moving higher in the past month, compared to 2 lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 7 cents per share 30 days ago to a loss of 2 cents per share today, an increase of 71.4%.
Buy Groupon now.