They robbed anyone funding the #$%$ documentary. It's going to be #$%$ he/said she said nonsense again. Harvard Michael Luca already proved that there is no difference between in reviews for advertised business vs non advertised in a research paper published. This research takes into account many variables and uses large data to formulate its information. We haven't heard anything about billion dollar bully in several months now. I think the #$%$ attempt at a documentary abandoned ship and the funding was a scam.
I really wish it would go to $9 because that would be an incredible opportunity for me but unfortunately that's unlikely. Either way, I am in the trade at a very cheap price after these earnings. MMMMMMMMM
I would take those shares at $9 from you any day. Your M0M included.
You better hope and pray it doesn't go back to a $100 because then you're screwed... Are you going to cover half way? Doubt it. You're probably going to average down until margin call. Ouchie.
Yes, let me take some deep breaths now
Now I am hyperventilating all over your m0m.
I didn't. I just got in. I made a huge profit on my Yelp trade from earlier. Look through my post dates from earlier to verify. I'm a data analyst and a long term investor. I've been investing for a good 5 years now and have done very well. I actually made a stock market analyzer and stock market simulator in Java so I guess you could call me a professional. Also call me daddy. That helps a bit extra with my ego.
Touched a nerve? Howso? I'm not angry at all. I love debating and this is just how I talk. I say the word #$%$ quite often.
Also, your strategy has holes. You're basic your strategy on a technical momentum play. It's very idiotic to do something like that especially in a short because when the tides turn, you may not be able to cover in time... You might start averaging down while Yelp goes flying up. Expect margin calls. hope you pocketed whatever luck $$ you made here for your own sake.
Yet their business accounts grew 40% y/y. Do you even know how to look at the #'s or are you just blind? Ashley Madison is more hated than any company in the world. They're growing.
Yelp to all those business owners complaining about their negative reviews because they give shitty service: Thanks for the publicity retards...
These businesses are mainly ones with negative reviews because they have #$%$ services. They're crying and complaining because they don't want to work hard to give fair service. Yelp keeps them in check.
You think people hate Yelp? Look at Ashley Madison and how much they're hated. And, they're still growing. No one gives a #$%$. People like them are just giving publicity.
I'm looking at the financial #'s and so far I'm satisfied with their progress.Until I see revenues actually decline, I don't see any real signs of struggle for Yelp. I don't see that happening anytime in the near future even with slightly slower traffic growth. If anything, with Yelp's gigantic user base, they could really take off once they integrate Eat24 and other acquisitions into their Yelp pages.
so what? Amazon fell from $100 to $9 in a year at one point and Netflix fell from $40 to $9 in a few months in 2011. Doesn't mean #$%$. Your logic is flawed. I want to hear a real rebuttal and not some he said she said #$%$. I'm actually hoping Yelp drops as bad as Netflix or Amazon d id at one point so I can get in on these sweet cheap shares.
You sound mad. I made a huge profit on Yelp already when I mentioned where I sold it earlier in early May after the huge 30% pop. I just got back in after the earnings. Check my posts to verify. No burn here.
Until there is any kind of video/recording or evidence of extortion by Yelp sales/customer representatives, these claims are irrelevant. #$%$ business owners selling #$%$ services just need someone to blame for their #$%$ reviews.
I told you that many businesses that have terrible business practices DO hate Yelp. They will be documented as hating Yelp. Ofcourse they would. They're losing money because people are exposing their scam/shitty services. Are you one of these shitty individuals from these businesses that scam people? Only reason why these businesses dislike Yelp is because they need someone to blame for their shitty service/negative reviews. They need an excuse on this about extortion.
It's still irrelevant if these shitty small businesses hate Yelp because that won't change the fact that Yelp's engaged user base will continue to grow. Look at the numbers. Ashley Madison has haters everywhere from around the world and yet they are growing. Your strategy and logic is shit. Retail investors can continue to short while institutions continue to buy. That is probably why the ownership % of institutions is so high. You kids are being duped into selling a highly valuable company. Expect a graph similar to that of Netflix after 2011 at some point.
from Harvard Michael Luca
This is actual scientific, mathematical evidence on a large data set that proves that none of the advertiser interaction effects are statistically significant. That means your claim about advertised businesses getting special treatment is bias and simply full of shit. Give me ONE piece of evidence that proves that this is not the case. Any audio/video recording of extortion? A SINGLE piece of evidence is all I need and I will go short right this very moment. Anything at all? No? Ok then please stfu.
The numbers in the financials show anything but significant slow down They just posted an outstanding 2nd quarter.
Could you be a little bit more specific when you say slowdown in traffic? I still see traffic increasing tremendously. That information you posted here is information from a reporter that is trash. According to actual statistics from Quantcast, in July they just broke their record for most traffic again.
"Yelp (NYSE:YELP) reported its earnings for Q2 FY15 on July 28th. The company once again posted growth as revenues increased by 51% year over year to $133.9 million. Yelp reported a sequential and year on year decline in net income to a loss of $1.35 million. However, adjusted EBITDA improved to $22.73 million compared to $17.24 million in the prior year quarter."
I'm not worried about the bottom line as long as I see growth in the top line. Actually, do this... Screen for any company that is growing sales over 30%, has no debt and gross margins of over 90%. You'll only really find Zillow and Yelp.
Also, most tech companies right now are struggling with this unicorn bubble. Yelp is not alone is this but Yelp is MUCH more established than other companies and Yelp actually recognizes the problem. It's better to recognize and rectify the problem. It looks like they are actually taking steps earlier to continue with their progression. Again, the financial numbers in their top line prove anything other than decline.
Yeah, I said many small businesses hate Yelp. Obviously they do because they want someone to blame for their #$%$ services and bad reviews. They get bad reviews because they give #$%$ service. There is not a single piece of video/audio recording evidence of extortion by Yelp sales/customer representatives on youtube or any other website. If you find a single piece of this evidence, please show the world. I don't want to see he said she said nonsense because some business owner is angry.
Yelp continues to grow its user base over 50% y/y and over 70% y/y in R&D.
In that specification, we include
an indicator for whether a restaurant advertises with Yelp, and also interact this variable with
the main independent variables in the specification – the characteristics of the review, and the
characteristics of the reviewer. While we use this mainly as a control (to allay concerns that Yelp’s
algorithm may differentially affect advertisers), these interaction variables can also help to provide
more direct evidence of how advertisers are treated relative to non-advertisers. We find that none
of the advertiser interaction effects are statistically significant, while the remaining coefficients are
essentially unchanged in comparison to those in Equation 1. While we cannot reject hypotheses
related to differential treatment, we find that neither 1- nor 5-star reviews were significantly more
or less likely to be filtered for businesses that were advertising on Yelp at the time we collected our
dataset. Another limitation of this interpretation is that we do not observe the complete historic
record of which businesses have advertised on Yelp, and hence we can only test for discrimination
in favor of (or, against) current Yelp advertisers. As a robustness check, we repeat this analysis
using only 2012 data, so that the advertising indicator and the reviews we analyze are in line. Our
results, presented in the third column of Table 1, remain unchange
Clients don't exactly hate it. Unless you're talking about something like Ashley Madison where everyone hates it but yet they're making #$%$ tons of money and growing y/y.
Many public users of Yelp love their service because its algorithm is one of the only ones out of the few review websites out there that weed out a majority of false reviews. Also, some small businesses that have awful service hate Yelp because they are exposed for their fraudulent practices. There have been no exposure of any bad business practices from Yelp out of all the years its been around. There is not one single video/recording on youtube or any other website where a Yelp customer/sales rep is committing extortion/black mail or any other bad business practices. Why? Because this doesn't happen. These are false rumors. That expose video that was going to come out on Yelp... Where is that? No where to be found because it doesn't exist.
You can't expose someone if there is nothing to expose. Yes, there are individuals who post fake reviews but a large majority of those are caught by Yelp's learning algorithm. You can tell some of the fake reviews by some that are not fake. In most instances, I truly believe most of these fake reviews are caught. In most instances, people don't post fake reviews. The majority of users that use Yelp post real reviews. The only individuals that I can see posting fake reviews are people who get paid or are a competing business or someone working in the business itself. Yes, some may get through but I think most will get caught by Yelp's system.
Businesses hate this because they would post a long rant about their competitors and have it get filtered. They'll post a great review about themselves and have that get filtered too. They want someone to blame and that is all. Yelp is still growing and will continue to grow. I expect a buyout of over $6B at some point in the next few years. I'm surprised it even broke down below $2.5B. Save this message.
They abandoned ship. Didn't have funding and couldn't find any way to expose Yelp because there is no extortion going on. This claimed extortion is just an excuse for these bad businesses for their terrible service and bad reviews. Shitty businesses are giving shitty services which in turn are getting shitty reviews and therefore are losing customers. They need someone to blame. Yelp is doing a great job exposing some of these individuals.
Tell me this folks... Why isn't there a SINGLE video/recording exposing Yelp sales/customer representatives trying to get businesses to buy their services or claiming they will delete good reviews if they didn't. Or any sign of bad business practices? I'll tell you why. There is no such thing. These businesses just need excuses for their terrible services and that is all. There won't be a documentary that exposes this stuff. The main reason why Yelp is going down so hard is because of this ridiculous rumor. Yelp still has the best algorithm of any review website to remove these reviews automatically based on if it is false. You won't find that on Google, Grubhub or Amazon. Facebook maybe but facebook is not ideal for a review website.
Netflix is a company selling online subscription services. Yelp also sells subscription and ads to businesses. How is it ludicrous comparing this company to Netflix from 2011? What other company would you rather compare it to? Elaborate.
I did my job and made some decent comparisons. It all comes down to the #'s in the end and we can clearly see there is significant growth that won't just stop on a dime. Growth like this never stop on a dime. Expected growth is said to continue according to all analysts and Yelp management. Yelp management says it's projected to reach over $1b in revenue in 2017.
Ok, how about you tell me what company you want to compare Yelp to. Better yet, tell me ANY internet company that has grown 50% y/y that went straight to bankruptcy or dropped significantly without recovering. Tell me just one. There is a reason why their revenue is still increasing over 50% y/y without any slowdown in sight. Usually you will see slow down in growth when a majority of the market share is already reached.
Yelp's user base is VERY engaged. Whether the small businesses around the world hate it or not, it does not matter. It's like how so many people hate Ashley Madison but they still use it and it's still growing. It's an addiction. Please, by all means, keep shorting because the squeeze is going to be huge and better for any longs down here.
By the way, I am not Seriouslynot. Check through my posts and you'll see when I got in and when I got out of the stock. I'm back in it. I intend on holding after their outstanding earnings call. To cheap to pass here.
To these kind of large companies, you'll only really see large selling on the open market. When do you see buying in google, amazon or facebook? The insiders get executive compensation. I hope you're not following insider/buy/sell on open market. It's a stupid strategy.Insiders sold only a very minute portion of their holdings anyway. Probably going to buy a yacht and a million dollar mansion
Good or bad?