I have seen this over and over again, when there are accounting issues you should sell. I see Groupon much lower, $8 bucks is very likely in the short run. On wall street we call it the cockroach theory, if you see one the are hundreds more you can't see. The business is a cool idea and has changed they do things in retail but the street is full of companies that have blown up over accounting issue. I know this first hand. I would run.
This is just my opinion.
The stock was $20 now its $16 and getting killed.
Todd
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