Apple just announced they will further integrate YELP and OPEN into the Apple ecosystem, thereby boosting the shares of both companies. Set aside your bias for a moment and acknowledge the fact that YELP is more of an acquisition target now than ever before. Not only do they have prime internet real estate; but now they have Apple real estate.
How many companies can say that?
The market sucks, yadda, yadda, yadda. I know today’s reversal is painful and many of my stocks are hitting the dirt. But there are some interesting companies out there worth exploring, namely YELP. It’s not just a website, but a verb (no google). Aside from the today’s pin action, having close ties with Apple means higher revenues and earnings.
As you know or not, YELP represents about 30% of my assets, a figure not seen since the FTK days. It’s been one fuck of a roller coaster owning this stock. But at the end of the day, like most large positions of mine, it will fucking work.
Let the Gods bear witness to my proclamation and endorse it with bolts of lightening to the faces of my enemies: it will fucking work.
NOTE: I am now down 1.1% (child’s play) for the day.