No one can take you seriously when you put ridiculous numbers like $2 here. Banking huge on Yelp. Played with its volatility and winning big the last 2 days. Also going to hold for long term until buyout.
3d printing is a growing market. Check that out if you're interested. Could either make a trading play or long term investment. I'm going to do a bit of both on it. Accumulated some good $ by playing with DDD(3d Systems - printing chocolate foods is their latest tech) today. SSYS(Owner of makerbot) looks better in terms of valuation. Main issue with these is that there are many 3d printing companies trying to enter the market, thus lowering their margins but these 2 are the monopolies. Both of these are good ones to play around with I think. Check out their financial historical data. They look very stable and in no risk of BR or significant decline. Good luck.
I actually bought BRCM in August 2013 too. You could dig through my post and find me defending BRCM(Page 10 sorted by newest on my profile). Sold out a large amount of it some time in June 2014 and the rest sold on its way up around Dec 2014 time.
Actually Google bidded for Yelp very early on when it was much smaller than it is now for $500M, At the same time, Yahoo bidded $1B. Yelp declined both offers. It's 10x larger. Do the math my friend.
Hahaha. True. These kind of investors get destroyed. He is following insider transactions to get in and out of trades. Not the greatest strategy to rely on. Some of the biggest companies in the world has had only insiders selling on the open market with no buys. It's like saying to short Apple about 2 years ago because there were insiders selling then.
Chad should've just shorted Amazon at $6 per share in 2001 when it came down all the way from $80 per share. Would've been a great long term investment... :|
Love low volume? I've seen low volume followed by huge volume on News. Either up or down but I'm leaning more towards up right now. If there is any news about a buyout, it'll be very good news not bad. All the bad news had been priced in from a while ago already and that's why this mb is loaded with shorts. The short squeeze is going to be great on this one.
It's a possibility. I think it's more than likely going to be an overnight acquisition. Shorts won't be able to pull in time and it'll only exacerbate the short squeeze early morning. Who would want to be short here over the weekend when its valuation is around $5-6B at least. :|
No news could just as well be great news. Confidentiality agreements until things are official could be a sign. Maybe they're planning on an acquisition announcement in the upcomming conferences? Good luck.
I didn't say it's going to 40. I said my break even is at $40.3. That means I won't lose anything on it until it goes under $40.3. I said "Up huge on it already by 20%". Easy buy here. Winning big on silver/gold the last couple of days.
Obviously you're a short. Usually shorts are somewhat intelligent on MB's than longs but in Yelp's case there are far too many and there are not any that bring any helpful, valid points to the conversation.
Yelp is stagnating. Not worried at all. I break even at $40.3. Up huge on it already by 20%. Made some huge money on silver and gold. Booking some of that here. Looking forward to the buyout and walking away with a 60%+ gain. Seen these bear raids plenty of times already.
That all is irrelevant when it comes to actual growth. The real fact is that Yelp has a MUCH larger user base than GrubHub and Groupon. A part of that has to do with their high-cost business model. Yes, they'll have lower margins in the beginning but that'll increase over time as their revenue increases. Also take a look at their incredible increase in R&D y/y. It is far greater than other companies. Currently they are focused on growth which is much more important to investors. Higher revenue growth usually translates to higher revenue per employee and currently Yelp is out pacing all of its competitors in growth y/y.
If this was a bear raid, this was a terrible one. The one on Questcor Pharmaceuticals from 3 years ago was insane. They would drop the price down to 10% each day and have it come back up. They did that for a full month after its initial drop of around 50%. Eventually it continued on its way up. It was acquired 5x what it was worth after the initial drop.