Does anyone here know why Yelps SG & A sucks up all, if not more than, all their gross profit every quarter? Exec pay? Directors comp? Not sure where to find that info with no annual or proxy available, being a new issue.
Looks like Cantor, Fitzgerald understood the big picture - why don't you (unless you're short and want to help lower the price to be able to cover.) Well, Cantor went from Hold to Buy - I personally see YELP as a potential owner of certain Internet space (feedback/interaction) of the merchant/restaurant and the consumer - someone will want their piece of Internet communications - 100 million active users will cost someone something big in a few - Duck and cover - YELP is a winner -