One more thing. Wednesday morning YELP is holding Oppenheimer conference meeting.
This explains why they have been quiet on press release lately.
1.Nasdaq is about to cross 3700
2.Yelp just finished consolidation process after hitting all time high
3.They not gonna say anything damaging things on conference, right?
You gotta be nuts going short next few days. (Again YELP has 20% short outstanding, same as JCP short ratio) All I can say is AMEN!