I edged higher by 0.7%, despite having a fucking sinkhole heavily overweighted in my portfolios. As it stands now, YELP represents just 20% of my assets, thanks to all of that awesome depreciation. Thank the heavens for my other stocks, like TEX, EXK, MTW and NXPI, carrying the water for my YELP.
Naturally, the social media sector is being compressed, all thanks to the purposeful and criminal elements inside of the once great firm “Margin Stanley” (h/t:ZH).
The sniveling bastards at MS are the reason why my YELP is going lower. Nothing about YELP matters right now, but the valuation comparison to FB. As the FUCKBOOK valuation drops, so do its peers. I hope the spastic retards at MS (pun intended!) enjoy the 1.1% fee they received for doing the FB deal. Oh, what a splendid job they did too, inviting a bunch of flippers into the deal, fucking it from day 1 because their valuation metrics were off kilter.
See, Margin Stanley is a microcosm of what is wrong with present day America. One day, MS will go bankrupt or delve into oblivion forever. How do I know this? The fucking writing is all over the FUCKBOOK wall (another pun, and yes it was intended!). At this stage, all I can do it make up my YELP losses elsewhere and wait for the company to prove itself, independent from the leviathan that is FB.
With regards to the market: standard bounce, nothing too grande. Let’s see what tomorrow brings before we get excited.
BONUS: Chart Art.
The Fly is God.
classic cock and balls reverse formation seems to me
Looks more like the cock and balls squeeze formation to me. Oh wait, I had the chart upside down. You’re right, it’s the cock and balls reverse formation.
Is there any point where you decide its is time to cut your losses in YELP? I’m deep underwater in it as well, so, curious to know your thoughts.
no
Your in it for good now, how come no mention about AAPL in all your posts?
Long apple too
Apple looks like its shaping up for you as well
I want to throw three male gorillas in a cage with all of MS’s board and Exec’s.
May I be in one of the gorilla costumes???
Infinitelittle do you knoweth Who you pusheth!
What the fuck is wrong with the morons running RIMM? Are these executives just hitting each other with a fucking idiot stick as they play duck duck goose during the day or what?
that is cock and ball erection and not a reversal.
Your charts are always sublime. Simple yet eloquent.
When in doubt on third and long, PUNt.
I LOVE THIS CHART FLY. IT MADE ME FORM MY OWN TECH ANALYSIS SHAPE ON MY BF’S FACE.
Perhaps the geniuses at Bain Private Equity can provide ” needed support to successfully implement effective business plans that include acquisition development programs, corporate capital restructuring, scalable expansions designed to leverage competitive advantages, and strategies for improving operating earnings” and other such financial wizardry to pull the FB stock out its death spiral and create jobs and stuff.
Wow. Going to Bain before consulting http://www.Wizard.go.Gore?
You didn’t inhale either, right?
If your thesis is correct that the right time to buy a winning stock is anything, then in the end it will be OK. If its not OK, then its not yet the end.
*anytime*
in the long run, yes
seriously when are you going to give up on yelp? its like smelling a red wine and realising its corked, to then taste it to realise its corked, to then finishing the whole bottle and saying, hey its corked!
Why do you care?
I said I would manage it. The rest is none of your concern.
MS is shorting all the others due to its heavy FB exposure on its books. Maybe some good news out of YELP etc… Would burn MS the other way too! We can only hope. Clearly Yelp is the best way to invest in the space.
You’re one funny fucker, Fly. I’m going straight to hell for laughing at the MS joke tho – thanks a bunch.
classic Fly.
i have cleared out of both my positions taking profits from both…
i give nothing back ever and never will ..
i do know what i will be doing next but that will be of no concern to you..
have a nice fucking day
Is that you Crazy Bob?
heh heh no it is not
where is the girl that comes in here ?
are there any other currency experts in here
Your anger is misplaced on MS. Greedy Facebook execs are the ones who pushed for a higher IPO. MS had little to gain from an overvalued IPO but MUCH more to lose. MS isn’t being run by idiots but weak-willed men with little personal courage to stand up to Zuck and tell him to stop. FB released an abundance of shares and priced them accordingly.