The CEO! That's who. Did ragwead/goldieboox/optional buy those shares too?!?!?
Someone should ask Jeremy why he keeps selling? If he believed in the company wouldn't at least hold all the options he has been granted? Or.....does he know something that us investors don't.
Interesting....Don't you think?
Apparently not. Or the stock would still trade at $100. Why are you so anxious to buy when the CEO Stoppleman and all his executives are selling?
Last Aug Vanguard reported over $450MM of Yelp stock in various funds. For the 4th Quarter Vanguard is reporting just over $300MM in Yelp stock.
That's a lot of selling!
So not only are the executives dumping the stock so are some of the biggest funds in the world. With all that selling why would anybody buy Yelp? You want to be a contrarian? You think you are WB? Buy when every one else fears? Or maybe declining growth no longer justifies that ridiculous value this stock has.
The executives of Yelp are not reading any articles or paying attention to Wall Street pundits. They keep selling every chance they get. Who do you think knows more about the long term prospects of the company? They are the insiders who see the results every day and those insiders keep selling. What does that tell you?
Goldieboox/Optional/... praying it gets to 50 again...no wait he is praying for 60.....hold the presses he says he needs 70?
Don't you wish you had sold when I first told you to at 86?
Only 48 more points to Zero. Still time to save some of what you have left.
In the last 6 months there have been over 60 insider transactions to sell Yelp stock. Not one insider bought a single share. These are pretty smart guys as the share price has declined by 50%. They certainly know when it's time to get out. They continue to sell today. Should be a big red flag to anyone who is long Yelp.
How many shares will the Executives and Directors sell today?
If they are selling you should be very worried. If they don't believe in the valuation of the company will rise, why should you. They would certainly know more about the direction the company is headed than the pumpers on this board.
Your sentiment says hold but your really a buyer. So Moron #1 is also a liar and a fool. Very happy to take all your money.
The Moron #1 spot is all yours. Goldie relegated to #2. though I doubt that name ever shows up again. But you have lots of competition today. How did that hold work for you today. Closed at the low of the day and oh yes a new 52 week low. Keep holding tight with both hands. Moron!
Well you are a liar or a fool. But just the same, happy to take your money as well.
Moron #3 has spoken. Nobody is buying this dung heap. NOBODY!
How is the "hold working for you Moron. I hope you hold your 13 shares all the way to Zero.
Temper temper little boy. I am a strong buyer. Of Puts!. You made money? We are all proud of you. You keep holding and I will keep taking it away from you.