By Sean O'Connor:Today Groupon (GRPN) is offering one of their best deals yet! They are offering the general public the ability to sell little pieces of their company for over $24 per share. The case with Groupon is not if, but when, their stock will start plummeting downwards. The following article will outline exactly why stocks in Groupon will never be a sound investment.
Groupon is Expanding
Groupon has been expanding aggressively through purchasing startup companies which should be a cause for concern to shareholders. Purchasing companies like Adku, Mertado, and Campfire labs all within the last eight weeks will not be the necessary steps to bring Groupon to profitability. Groupon should be focusing on their core business structure and start making money before they take after the well established tech companies like Google (GOOG) and Microsoft (MSFT) in acquiring start-ups. Furthermore they're moving their own coupons into industries where they're in
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