JoelsLiver talks about others being unemployed, yet here he is, posting from his Staten Island address at 2:00 in the afternoon. Now who is it that is unemployed, Joel?
(Of course, your lack of creativity will cause you to throw the term back at me, forgetting what I have said, repeatedly to you: I'm ree-tired, living off past successes and my good looks)
Management cannot correct previous guidance until they have numbers upon which to revise guidance. They don't have the numbers -- why do you think the earnings announcement has been pushed back another week? Internet company in the 21st century, and its accountants all wear arm-garters and green eye-shades!
Again, Moron, you don't have five new owners. All you did was assure the debt-holders that they will be made whole -- at your expense.
Interesting and unusual that this would sell off on the day prior to a presentation at an investor conference. Typically, institutional investors feel an obligation to make trades, however small, in the stocks of presenting companies through the broker hosting the conference (In this case, B. Riley. Presentation scheduled for 1:00 Pacific time Tuesday.
"It was a reverse 3-bagger!"
Sort of like when they filmed "Pride of the Yankees," the bio of Lou Gehrig. Gehrig was a lefty but Jimmy Stewart, who played Gehrig in the movie, was a right-handed batter. So they put numbers on the players backwards, then filmed the scenes backwards -- when Stewart hit a ball, he ran first to third base, then second, then first. Then the film editors flipped the film over and printed the film from the reverse side.
Same thing here -- Loco Corpse ran in reverse. And nothing is going to stop it from here...
You silly fool! You do not have "five new owner [sic] from Wolverine-Group..." All that the refi did was make certain that Wolverine's previous exposure (debt) would in fact be repaid, at the cost of significant dilution to the shareholder, I might add.
Boston Partners, a very astute group of managers, owned almost 561,000 shares of this pig at the end of September, a position they pared by by 8% in Q414, to 517,110 shares. The firm's latest SEC filing shows they blew out the position in its entirety during the first quarter of this year.
Stannguru fails to recognize that Loco Corpse precedes Yelp, that Loco was over-valued before yelp came along, but the market recognized its failings and the value has cratered. Now, Yelp is following Loco's path. They both will end up in the dust bin of history...
Yelp puts itself up for sale and the stock price rebounds 23%. This turd makes the same announcement and the pps goes down! HAHA.
Today's WSJ has an article about Yelp, makes the following comment:
"It wasn't long ago that technology executives thought highly specific local searches, reviews, and advertising would be a winning formula as Internet use moved to devices like the iPhone.
But Yelp's stumbles are showing that the slow-changing world of local business is harder to crack than was originally thought.
...Yelp and others have had difficulty turning the small businesses that populate the local economy into paying advertisers, said Sameet Sinha, an analyst at investment bank B. Riley & Co...."
Below-the-fold front page article in today's WSJ on Yelp's problems has some interesting observations on the internet marketing business.
The ID "stannguru" is the ruminations of an idiot...
"Who wants to buy them and when?"
Oh yeah! And for how much (or how little)?
I can tell you the risk -- this turd is close to bankruptcy and will trade sub-penny. Now you tell me the reward and how you get there...