Unprofitable today and selling for -- I kid you not -- a 989.5 P/E ratio on forward earnings estimates, Yelp shares are dramatically expensive. So expensive that the term "overpriced" just can't quite describe the disconnect between this stock's price, and its (minimal) value.
My advice: There's no use shouting for help if you own this one. With more than two-thirds of Yelp shares sold short already, no one's coming to rescue you. The only thing to do now is sell, and try to save yourself.
FB has something similar. Google has Zagat. Google and Yelp have a long standing feud with each other. All you have to do is Google it. Yelp is supposed to make 3 cents a share in 2013. However Yelp still has over a billion dollars in cash from it's IPO. Yelp has a lot of issues they must deal with. To answer your question are you screwed I don't know. I just know I would not be a buyer here.
OK feud fine, but biz is biz, who ever "zagat's", come on EVERYBODY "YELP's" u know it, i know it, they know it, is my point. DOes $25 a share take the cake? i dunno, but $30 probably, so does google want to GROW or mope over some little quarrel ?