people will realize soon that this sell-off has all the same elements of exuberance as the run-up before it, if not more so. the speed and intensity of the sell-off simply is not sustainable just as the run-up.
highly unlikely, but would be really cool if it recovered all the losses n the last 30 minutes.
so are you just around for the trading or do you also hold positions through earnings? are you a long-term short? what's your prediction if you have one? what other stocks do you follow closely?
positive market sentiment - gaining steam
new products, revenue streams
all these would be great, but oh what really would get things going would be renewed takeout chatter to top it all off.
in the last 5 years, especially more recently, the Fed has repeatedly supported the market. they emphasized over and over again. they couldn't be more clear. and this fear of the Fed persists. it's not the Fed people should worry about. it's their own fickle nerves. sheesh, go take some meds. the sell-offs need to stop. when the Fed changes its mind, you'll know. stop guessing when they're holding their cards up to your face.
we've had news recently of Yelp entering the Mexico market, partnering with Yahoo and Yellow Pages and numerous analyst upgrades. I don't think this Japan news alone will help much. None of these have moved the needle. We need actual data to swim upstream in these strong currents.
They need to pre-announce, dangle some cliffhanger on new products/monetization features that keep investors curious and then blow out earnings and affirm the upped guidance. Next, they roll-out something new and exciting and on time. Assuming the market behaves moderately in the next couple months, we could have a strong recovery. These press releases saying basically that they put a new website online is not going to do it. Not in these rapids. They've got to turn this boat around here.
hopefully. for that to happen, ideally there should be some material news before earnings as well. Tesla pre-announced 2013 Model S sales upwards of 30,000 before the actual earnings release and kept dangling 'pending' gigafactory details as a teaser. this kept investors speculating, scared away the sellers and then launched the stock higher when the actual info surprised everyone to the upside.
Yelp keeping quiet gives room for negative speculation and lack of a cliffhanger like Tesla's (from Apple's playbook) makes it easy for sellers to take advantage of every pop. So I hope very much that they preannounce earnings and also give a glimpse of something new to come. Additionally, if they can offer something significant that addresses the fundamental concerns on the review process (rather than brush it off repeatedly), that would also give buyers more confidence.
i can't speak for other companies, but Google certainly isn't one to shy away from a legal fight when there's value at stake. they went out and digitized MILLIONS of books without any permission and somehow got away with it. if you can get away with wanton copyright infringement, you can pretty much get away with anything.
the FTC news was only in response to a WSJ freedom of information act request. i wouldn't be surprised if Google and Facebook have a similar number of complaints. that's pretty much a given when you have so many users. and i'd probably be willing to bet that the the request and article were timed to have maximum effect. someone with a short or put on the stock was behind that article in some way - either pitched it to the author, or maybe a relative or he himself. there is no pending litigation related to the FTC complaints. and i wouldn't consider their scuffle with a little cleaning company or rug company to have any real significance. it's just a bunch of fluff, not particularly new information and yet it was released only when the stock was under heavy pressure.
of course. elite users are active users. but you don't have to be putting up 10 reviews a day to not get filtered. i have reviews on my business unfiltered where the reviewer may only have a couple reviews on the site and they've been there for a long time. anybody who has written a few reviews, and it probably helps to login once in a while (not just browse incognito) won't get filtered. it's the one-off reviews from new users that are filtered.
in my experience, the only reviews that are routinely filtered are those of new users that don't continue posting reviews or adding friends. you don't have to be elite. you just have to be active, not post from a business location. and maybe there's some other things. but it's mostly just about being active.
while i think this sell-off is a bit ridiculous, i do still think there is a fundamental problem when a company that wants to be the place for reviews and tell small business owners how to handle reviews, cannot even handle its own online reputation and satisfy its users. Denials and clarifications are not the way to deal with these comments. Action is required. Tesla for example proactively chose to outfit all their cars (old and new) with upgraded chargers and underbody protection to protect against fire concerns. Yelp needs to show that they are taking business users' concerns into account and take some real steps to soften those concerns. This has to be both with sales practices and their review system which really is consumer focused more than for business.
also, i'm trying to be optimistic here though it's always hard when you're at a dangerous low. there's no guarantees of anything. still, it wouldn't be the first time a stock has been held down only to rocket after people give up on their long positions or right before earnings. i just hate those situations. just plain annoying.
it bounced off the prior resistance level and looks like this could be a W bottom, leading to a more powerful bounce leading into earnings. Twitter and LinkedIn were also down so this was not all Yelp. There was a sector component as well. Yelp's fall preceded theirs, and its rise probably will too.
it's going to skyrocket after earnings. there's just no point in all this shorting. it's just like Tesla. they held it down till the last week before earnings last quarter, then it ran up 100 points faster than i would ever have imagined. i just don't get what the point is in holding it down so long.
Yelp integrated into Microsoft's new Cortana platform. Cortana is a new voice assistant like siri that will be in Windows new mobile OS.
i picked up a few shares after i made some big gains elsewhere. of course, they're all in the red now after that sell-off. that's why i just got a bit. but you have to ask, why would a company with promising technology have to seek out funds through the public markets rather than through private funding?
all these start-up web and mobile app companies can get funding and Ekso goes direct to the public, but does so on the bulletin boards which are not fully regulated? I don't know what to make of that. It seems they have a strong team, but I don't get why they are doing this. Bulletin board stocks VERY rarely work out for investors. usually they dilute the stock continuously until it's worth nothing. what is the plan here?