4 ms·
When it suits them, it doesn't matter to me, I could care less if an executive can convince someone to take their stock off of them. Taking 'like a billion dol
by fleitz 15y ago
When it suits them, it doesn't matter to me, I could care less if an executive can convince someone to take their stock off of them.
Taking 'like a billion dollars' in liquidity when your company is bleeding cash does not engender me to believing that the management team sees long term viability in the company.
Groupon is built to flip, if you're a trader a stock like groupon is perfect, there will be lots of volatility to trade on. I'm not a trader, I believe in creating long term value. Groupon might be the kind of thing where a guy like Buffett could take advantage of the cash flows it generates to build a bigger better Berkshire.
http://www.youtube.com/watch?v=5ydqjqZ_3oc http://www.youtube.com/watch?v=5ydqjqZ_3oc
This is fundamentally the best explanation of the groupon business model.