That's where this is headed short term. If Twitter IPO values that company at $20+ Billion, YELP will trade to a $12 or $13 billion Cap or $200.
it's about future potential.....won't stop going up until the market cap reaches $10 billion....and even then it will be a fraction of the size of GOOG, YHOO, etc. bet on it.
Bankrupt within 2 years. Offers nothing YELP doesn't for free. Website is useless.
If that report and the secondary offering won't drag this down, nothing will. $75+ in 2 weeks and $100+ after Q4 report in February.
YELP Market Cap is too low. Easily a $10 to $15 Billion company in 18 to 24 months.
YELP valued at $4 billion and TWTR at $30 billion?? Major disconnect....my guess is YELP is the one that is severely undervalued.
At least $8 billion.
Snapchat?? If FB is willing to offer $3 Billion for Snapchat -- what is YELP actually worth??? A lot more than the current market cap of $4.5 Billion.