What happens then, huh? The Fed cannot prevent a crash.
I'm afraid the liberals have taken over the world. Just today they decided the football team can no longer be known as the Redskins......
She has no idea what she's doing.....C'mon everyone...get sucked into this rally. Don't hedge anything, complacency rules. It will go up forever.....Throw a dart at a stock, it will go up. Fundamentals mean nothing.....Don't wait for a pullback on your favorite stocks, just buy at the top, it will be higher tomorrow.....
Does all this sound familiar? It should, because these were typical posts on the Yahoo finance board in 1999......
Yes, I get all that....but it's a protracted build out, it doesn't go up overnight and start building revenues right away. Sure, the market looks ahead, but FSLR will eventually eat their lunch in residential solar, or they'll buy SCTY....always a possibility.
They're building a plant, so what. They're not profitable, and this is a short squeeze. No, I wouldn't go short SCTY, but it's a bloated pig, just like the rest of the market.
Without any pullback, correction, or whatever, I truly believe this market will crash (by definition, drop close to 5% in one or two days) within the next couple of months. The euphoria in this market is unreal right now.
Today is 13 days in a row that the stock is up. I would never short this stock, because the momentum is too strong, and the analysts up the PPS target every other day. But I'd like to be able to build a long position in the $79-$80 range, which is reasonable, considering the parabolic move.
Sure, I'll weigh in ....Your pumping the stock all day long is annoying for anyone who's long or short the stock, or thinking about buying it. So stop asking stupid questions in a public venue.
1. Yelp is not profitable, and companies want acquisitions accretive to earnings for their shareholders
2. Yelp is not in the same business as OpenTable, and OpenTable is profitable
3. This is nothing more than a short squeeze, and traders feel this move will fade quickly
4. There is way too much competition for Yelp's services, and a company does not need to pay what would be over $8B for Yelp's $200M in revenue.
These are just a few reasons why Yelp will probably not be acquired anytime soon.
This looks like a desperate move by PCLN to grow, as their core business is stagnant. But OPEN? It's not profitable, yes it has a restaurant reservation brand franchise, but I don't see this helping PCLN much.
The overreaction to the PCLN/OPEN news creates a huge short opportunity for YELP; they're not even in the same business at OPEN.
I sold in pre-market at $72.55....Nice run....YELP really doesn't compete with OPEN, so I don't know what the fuss is.....I'm surprised PCLN would buy OPEN, rather than TRIP or EXPE, etc....I'm waiting to see where this stabilizes, then it may be time to short again. Clearly this is an overreaction to PCLN's move.
And I'm happy to say I'm long both.....YY could go a lot higher from here. YELP may see some resistance in the $70-$70.50 range, but after that breakout, it may be all systems go towards $80.