bossmodetrader

Groupon (GRPN) Could it catch a bid?

Long
NASDAQ:GRPN   Groupon, Inc
Groupon has been a slow bleeding bastard for the past few years. It appears that GRPN is putting in a base. It is kind of sort of showing signs of breaking out. If breakout actually happens - we should see some exciting price action.

It feels like a decaying company but brand name alone is well known and folks still use it. Seems to me that it would be a great candidate for a buyout by a larger company. Maybe DoorDash? Maybe Etsy? Keep a close eye on this one.