They are testing their theory that their ad spending amounts to capex. will be very interesting to see what happens. if ad spending jumps back in Q4 or revenues plummet then its probably the final nail in the coffin for the IPO valuation. if not, then for the first time in a long while my expectations for groupon long term will tick up.
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They are testing their theory that their ad spending amounts to capex. will be very interesting to see what happens. if ad spending jumps back in Q4 or revenues plummet then its probably the final nail in the coffin for the IPO valuation. if not, then for the first time in a long while my expectations for groupon long term will tick up.