I am typing this from my iPhone, as I am on the road. I see YELP trading lower has encouraged a certain miscreant to talk shit, decrying my investment strategy as something to mock.
Does this individual, who is now banned, realize I sold out of OPEN way before the collapse and came out flat on the name? Does this small brained pleb understand that I sold FOSL and LULU for 20-30% gains, long way before anyone else got onboard?
What’s better, owning LULU at $42 and selling in mid 50’s or chasing it in the 60 and 70’s? They were never part of a long term strategy, so I sold it when profit presented itself.
Some of my long term holds, GSVC and WNR, did exceptionally well for my investors, both making me more than 25%.
So now YELP is down 30% after a 50% run up. Sure it sucks to ride this lower, surrendering easy gains in exchange for the long haul grind. But I’m not done with the stock, not by a long shot. For the love of industrial disasters, they haven’t even reported earnings since coming public. The story is new and there will be doubters. Hell, it took years of patience to turn my 6k into 250k, long AMER, back in the day. At one point, I was down $20 from my cost.
My point is this: shut the fuck up and quit shitting in my parlour.
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That had to yelp.
There will always be asshole detractors. This is the web after all. But your record of winship speaks for itself.
Every major gain the market will ever give you involves sitting and suffering. The great ones can suffer more than most.
Well said! Thank you
I don’t mind people asking me questions, like hey why did you do this or that?
But to come into my living room and talk trash with false statements is bad manners, deserving of banship.
My man went old english (OE) in his spelling of ‘parlour’. This place has a dignified air of class and luxury. I love it!
“old english”? My understanding is ‘parlour’ is derived from French and first used in England in the 1200’s which makes it old but not old English.
‘Olde’ english.
800.
Feel like a tool. Bot DECK on the upgrade
We must ask Mrs. Fly if she still needs to but the latest Uggs to determine if DECK is a worthwhile investment.
The problem is that Mrs. Fly never looks at the blog, for good reason!
fly – plz email…
Yelp will be the yellow pages of the future, and the recent integration w/ aapl’s Siri should positively change their fundamentals for the better. But its market cap is 17X revenues, and they’re unprofitable at the moment. Of course they are growing revenue at an incredible pace, and have virtually zero debt, but would’t you like to see them report some good earnings before going balls deep?
A long term problem for Yelp is their google search and places integration. Yelp sued google for “stealing” their reviews. Now Google Place reviews always preempt Yelp reviews and when looking at a business on google places, yelp reviews are not available as links. Yelp kind of fucked themselves.
I just checked out Google Places, because I don’t know anybody that uses it, and the reviews are a joke. There’s really no comparison.
fly my paypal address is the same as my email…
btw – isn’t the prize a cheque?
I sent it via paypal.
iBC has class, no doubt. The Fly offers a cash prize to the yearly contest winner, and pays at once.
I feel priviledged breathing the rarified air in the Fly’s ‘parlour’. Also bot more DECK. I’ve been feelin’ the pain, ready for the gain.
FIG
To all the Fly haters. http://ibankcoin.com/madcat/2012/04/05/to-all-the-fly-haters/
YELP will adopt the groupon model. You scratch my back, I scratch yours but well less than half as much.
dude,what,since when did you give a fuck about assholes shooting arrows,pfft.
Only 357,000 people lost their jobs for a one week period. I’m sure they will upgrade to higher paying jobs shortly. Everything is fine, it’s all fine only a small leak.
I agree FLY it took alot of patience on my part as well when I first started. To see gains retract back to your entry price then turn back up again. I use to get out but not anymore, I am seasoned. All I’ve been doing since the collapse is selling calls against it taking 2 points of premium since the collapse. Will do so until I see it turn back up again.
@ Zephler,congrats on your win,enjoy.
Yelp is a vital part of the Internet and will be acquired.
if chowhound can do it. so can yelp!
And if you don’t know, now you know
http://www.bloomberg.com/news/2012-04-05/jpmorgan-trader-iksil-s-heft-is-said-to-distort-credit-indexes.html
AMER brings good memories.
I used Yelp during my vacation:
Best breakfast in Boulder
Best coffee in Ft. Collins
Best Chile Rellenos in Denver
All turned out exceptionally well.
Yelp FTW
as much as i hate the fact that the fuckers ask establishments to pay them to get better reviews pushed up etc….once i was in muthafuggin’ trenton, nj and it directed me to Rats, which was quite decent, considering the locale.
Quiet period ends Wednesday.
friday off should help the market. would have been a major drop today; digestion and QE3 rumors should settle things down, barring hors from the Old Country
FIG
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