Introducing The Most Hated Social Media Stocks on the Planet

In light of AWAY, KING and CTCT getting bids, I wanted to explore this battered space, in search for treasure (extra Black Sails). It’s no surprise that I’ve always been a huge advocate for YELP, even though the stock has done nothing but cause me pain. That being said, YELP is, by far, the most attractive social media property on the net, post meltdown.

Granted, the morons at YELP have yet to figure out how to make money; the stock is trading just 3.5x sales, a fraction of its former self.

AWAY just got bought out for 6.5x sales. Let’s explore a few other social media names that are heavily shorted and might offer upside from here.

MWW, the job website company, is trading less than 1x sales with 29% of shares sold short. The stock is up 38% YTD, but down 3% over the past month.

ANGI has been ripping tits. The company has delved into a new strategy, one that is more concierge than review site. The stock has been surging, up 32% YTD and +17% over the past month. Even still, 29% of ANGI is sold short and it’s trading 1.3x sales.

GRPN has been a disaster. The idiot coupon company is down 63% YTD and -17% over the past month. It’s now trading less than 1x sales and 17% of the shares are sold short.

P is in hell, being targeted by everyone from Spotify to Apple. The stock has been crushed over the past month, down 42%. YTD, losses exceed 29%. Right now, the stock is trading less than 2.5x sales, with 14% of the shares sold short.

Lastly, SALE, another coupon play, just reported a pretty good quarter. YTD, the stock is down 25%, but up 21% this past month. Just 5% of the shares are sold short and it’s trading 2.2x sales.

I haven’t mentioned TWTR, ETSY and GRUB because they’re still absurdly expensive.

NOTE: I own TWTR because. Just because.