Groupon is an internet deal-of-the-day provider launched in 2008. They served now 44 countries and about 500 cities. Front to more than 500 competitors sites, Groupon needs to be very wakeful due to the interest hold on this activity by internet giants as Google or Yahoo!.
The American company's business model is regularly criticized and first earnings published as public company reported a 9.8 billion dollars loss, although turnover increases from 11 million dollars in 2010 to 89 million in 2011. The company revised downward its earnings for Q4 2011 on March 30th against a background of legal proceedings about the company accountancy at the time to integrate stock exchange.
Technically, the stock is an important bearish movement on the way to its support of USD 9.9. after 15 consecutive downward session. The stock felt more than 40% in 3 weeks. Moving averages are badly oriented and the bearish trend doesn’t seem to stop its plunge.
Investors could take a selling position on Groupon due to the strong fundamentals and the strongly bearish configuration. The target will be positioned at USD 9.3. A stop loss could be engaged at USD 12.1 to anticipate a withdrawal movement.
Groupon, Inc. is a scaled two-sided marketplace that connects consumers to merchants. The Companyâs marketplace is accessible through its mobile applications and its websites, which are primarily localized groupon.com sites in 13 countries. It has two segments, North America and International, and in three categories, Local, Goods and Travel. Local category includes services from local and national merchants, and other local and national merchants, including things to do, beauty and wellness and dining, as well as other services. Goods category includes merchandise across multiple product lines, such as electronics, sporting goods, jewelry, toys, household items and apparel. Travel category features travel experiences at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel. The customer can contact the merchant directly to make a travel reservation after purchasing a travel voucher from the Company.
GROUPON, INC. 
