I promise you, whenever Morgan Stanley decides to bring The Shake Shack public, I will put 20% of my net worth in it. I will buy the stock every month, after I earn my wage, and dollar cost average into the burger chain until they have 350 stores in the Unites Steaks. At the present, they own a little more than 50.
In the after hours, YELP is down a hard 10 after giving tepid guidance. This is a situation that should be monitored and action should be purposeful, for YELP, ultimately, trades much higher.
But let’s discuss the matter of valuation, shall we?
The stock is trading 17x sales, a tremendous burden for any CEO. Given the growth rate, YELP will trade 11-13x sales next year, providing the stock remains at these levels. There is a strong case to be made for 15x sales, but not 20x. I own a small position and will use any sizable decline to add to it.
The market closed at the lows and a terrorist event took place in Canada today. I’d be shocked if we didn’t trade lower tomorrow.
I sold out of my CYBR and set the proceeds to cash.
My best guess, looking at historical routs and subsequent bounces, we trade lower until Thursday of next week, then bounce the hardest.
If you enjoy the content at iBankCoin, please follow us on Twitter
I’m sentimental for the markets of 2013. Indeud …
The original remixer, Frank Sinatra.
The original was just a musical piece without words, by Tommy Dorsey.
We will probably trade up pretty quickly here. Today, God-willing, was the sucker day.
Those recently burned in VXX et al used today as their opportunity to get back in and “make it back.”
God rest their souls.
We will NOT trade up quickly.
August 15th was the last sucker day.
I don’t make the rules.
I am working very hard on the YELP holders in AH
keep an eye on 1850 on the ES
$UVXY was my friend today…
Boys and girls. What did we learn again today
What did we learn oh wise sensei?
le Fly : “for YELP, ultimately, trades much higher.
le BlueStar – Contrarian Investor ” for YELP, ultimately, trades much lower.
😮
Smartest decision I made this year was to sell most of my YELP and put it in GPRO. Yelp has been pretty damn disappointing to say the least.
I expect us to test that 200ma once more before shooting for new highs. Mother market just wants to make sure it holds this time.
The Shake Shack in Madison Square Park rocks.
The ShackBurger and fries are very good, however, I can only handle the frozen custard when it’s above 75 degrees (Madison Sq. Park is outside).
The first one in this area (Central Florida) just opened about 6 weeks ago but they opened in the same plaza as Trader Joe’s and the parking is horrible.
Spoke with a YELP rep. today who is trying to sell me advertising. Their problem is that they make you sign a contract to advertise. FB does not and the options are far more relevant. FB is where its at. Im betting against YELP and their short sightedness.
I think Yelp is really about the eyeballs. Ad sales wise they really need Facebook or Google to buy them out, so they can monetize those views properly.
thought I was screwed on Yelp, then I opened up my accounts and realized it wasn’t there anymore. Crisis averted.
you use my image on the front page yet expect me to pay to attend your “conference”? this is treachery at its finest. people of rome – do not waste your riches on the present day sodom and gomorrah, be long disney instead.
I do love the taste of a good burger (no Julez).
mmmmhmmm….that is a tasty burger
That was Kahuna burger. With some Sprite (KO product) to wash it down.
Wikipedia says they have 34 locations ..I don’t know about the restaurant business, but that doesn’t seem like much, especially for such cheap offering as hamburgers. I’m surprised a couple dozen restaurants can make so much money
It’s more like 55.
Next thing you know The Soup Nazi will be going public.
http://youtu.be/7WRxEY8o3kc
They were public and failed.
Ha!
Probably customer service problems.
.
… it IS actually still around !!!
—–
Does business as Soupman Inc.
Currently trades on the OTC Market … stock symbol SOUP … @ around .06/share !!!
.
Yelp..Hate that fucking company. Like the Mafia but not as avuncular.
Tomorrow is big POMO day,, it would be blasphemy if we aren’t green.
So Yellen writ it, thy will be done.
Countdown…. to Ground ZERO
“I promise you, whenever Morgan Stanley decides to bring The Shake Shack public, I will put 20% of my net worth in it.”
This from someone who called eating a baked potato a “sin”.
German flash PMI Inc… beware kids.
“[Watch] Looking The Other Way – Obama Still Won’t Call Islamic Terrorism Islamic, Even When It’s Right Next Door”
http://gopthedailydose.com/2014/10/22/looking-the-other-way-obama-still-wont-call-islamic-terrorism-islamic-even-when-its-right-next-door/#
What— are you believing the Republicans??!?!!??!?!
Fly, remember ANGI? lol.
Swapped out my YELP for GrUB.
20 % in a burger joint?…I must be having some sort of nightmare..