Lets see if anyone holds YELP or shorts them, I doubt we will hear anything about YELP.
Big difference on those stocks you mentioned are the Chinese Solar ( 6 stocks you mention)stocks got killed because of demand in Europe and went way down, and also Tariff charges from US, Kndi was also accused of accounting issues but were unproven. CBEH has been accused of fraud and still have not issued last 2 years numbers and their CEO GAO does nothing. I still own only 33,000 shares and I am ahead now, and I will wait. One thing you are very correct on is Steve M. is with Jinko Solar (JKS) and he is making a fortune, the stock was less then $2 like a little over a year ago and is over $30 now even, with 20% correction in stock.
This was the best week for the market this year, YELP had supposedly good news on Saturday and did not participate in the rally. If you have profits I think you should take a little bit off the table. Good Luck Enjoy your weekend.
Closing price Friday February 7th was $89.41. Pre market Monday it was printing over $100 and now with 3 minutes left in the session, YELP is trading @ $89.69. That is not even up 1/2 %. If overall market sells off more pain ahead starting Tuesday,but you never know..
Monday have to be shaking their head, I shorted some at $95 and change but only 1/3 of my order was executed for some reason. I am only down a little now with my overall short, Next week I believe the market will get beat up bad, Earnings are mostly over except only retail and a bunch others. With this weather a lot of people are indoors and not using YELP, short this till May earnings as I said in posts prior to Feb earnings, Back to 80's then 70's and back to mid $60's.
Out of the 40 stocks I own or short,this has to be the biggest gap. You can go up 35 cents on a $100 trade, we need a downgrade or some news to get this in mid $80's again.
The only naked short is ur pea-nus................ Goldie take your profit with your 9 shares buy some crayons and play in the sand box or play in traffic, or play with that guy who pushes that Local company Frankenstein.
was right --- up to this point,I guess we will trade in tight range until we get the most recent #'s.does anyone know why they changed IR,I have not written to Steve in at least a month.
Yelp is fighting today also,jumped from low over $90 already in a weak tape. I still think we still go down at least 4-5%.
Watch RAX today, I have a feeling it's good for a trade, I put my $$ where my mouth is ,just bought 1500 shares @ $31.33.
The street was co founded by Cramer, you are showing you are an 1d10t,you know nothing go back to cheerleading.
I'm very lucky I was able to short in the mid $90's pre market on Monday,(only 1/3 of my order got executed for some reason) But it did bring my average short to a higher level where I might get to even today with some luck. YELP should go down with overall market today, I think we will lose 200 points on the Dow and like 75 on the NASDAQ, I was gonna get some SQQQ but its up to much pre market. Looks like my GOOG PCLN and many of my longs will get trashed today. I will put RAX on my radar today, it's due for a dead cat bounce. Sold off 25% since earnings and they had decent earnings and guidance, but CEO resigned. The same thing happened to FTNT 2 months ago (CFO resigned) stock retreated from almost $21 to $15 and change and i bought a few thousand @ $16 got out at almost $19 and now it's almost $22.
Someone keeps selling around $90.65 area on big volume and then on a 100 shares right back to $91. I bet we see early next week insider sold many shares around $90.65 area.