I sold the majority of my YELP position today, leaving a token to remain.
Earnings are not for another month. Therefore, I have no interest in riding the social roller coaster back down. Looking at stocks like ZNGA, P and GRPN makes me feel grateful for having an opportunity to close this trade out profitably.
I will revisit.
15 Responses to Fly Sell: YELP
Start building sub-20 perhaps?
It’s less price sensitive than time. I want to be in for earnings.
Anyone else see the stupidity in Jim Neighbors calling Senior Tropicana “queer”?
Paging Senator Gint…
always a douche in the crowd. THATS ENTERTAINMENT !!!!!!
Pity the fool who bought it…
Congrats on a great trade fly.
I am bargain hunting.
Big head shoulders on the monthly chart of Ford. Looks like it broke the neckline a wee bit.
sold ocz, even.
Lots of bag holders.
What bag holders? I sold at $27 and alerted everyone that I was in sell mode.
Lots of leaders breaking down. What a crummy reversal.
No matter how long I do this, whenever Le Fly sells out of a position (or a majority of it) I lose all confidence in it.
And you, sir, are wrong about 2 Chainz. Just as you said “Fuck the cop” about “Mr. Ross”, “Mr. Chainz” has a unique lyrical ability that no one else possesses.