The Steady Riser

By -

Awkward as it’s been, I’ve been a fan of Groupon’s stock ever since Andrew Mason was given the heave-ho (sort of like how Mark Pincus was booted from his CEO job at Zynga yesterday). The basing formation on this was very clean, and as unlikely as it might have seemed at the time, GRPN has been a steady climber. I wouldn’t buy it here, but if I owned it, I wouldn’t see any good reason to sell, either.