ATTN Longs!: Take Profits before they are gone. Same story all weekend...YELP = Overvalued $48 this week??
I am going to try and sell 1/2 my position in pre-market Monday am before. As Cramer says "ring the register." No buyout at $75. Shout-out to Jim...thanks for the pump for Apple to buy out...made me thousands!! Hogs get slaughtered...we all know YELP will drop, and when it turns I'm getting out my other half at $48 (worst case) with a nice profit. (Please share your thoughts longs. IMO)
I don't know about yelp dropping. Look all the talks about yelp's no profit are nonsense. It's all about growth potentials when it comes to advertising stocks. If fb is at 100B, yelp is undervalued at 3B. Not selling till $150+.
I think you are a very smart trader, why lose you gains. Everyone knows Yelp is insanely overvalued. Almost 40% in two days...that is crazy. I am short 15,000 shares and I too will make money, will cover when it takes a dive.