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.
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I’m only down 1.08% on the day.
Takes a bold man to wrap a rope around his testicles and cry for YELP.
MeThinks Fly only responds to Greek, Roman and Zoroastrian mystery religions Loki.
FIRST! Your MTW position certainly isn’t winning. Ouch, neither are CLF NXPI TEX or TCK….Oh, and YELP is about to give back that entire 5 min-pop putting you near -2.5% for the day by my calculations? YELP was already integrated into SIRI on iOS 5. UVXY FTW!!!
Fly since you are moving I have not seen any posts from “Steve the neighbor”. Is he too upset to write?
I believe I fucking said my other positions were down, did I not?
BANNED
I’m going to integrate my fist into the face of ATPG management.
$ATPG: if there’s one thing we’re known for, it’s tight dry holes.
hahahah. po, i feel ya. thankfully havent been in that name in a long time but wow thats a turd if ive ever seen one
I love it. No way an MBA from Wharton could teach the shit I’ve learned from this odyssey into despair.
The School of Hardknocks comes with expensive tuition, but it’s worth it. Provided I survive.
cost basis on yelp? just wondering.
cheering for ya
21’s
So the players at AAPL leaked the YELP and OPEN news to their buddy traders last week and they accumulated. Then bingo, sell out.
STFU. I am sick and tired of dealing with you cynics.
Go fuck a horse.
I’ve seen this happen before at high tech companies, a broker calls the inside man who unknowingly – knowingly spills the beans. Hell, I’ve seen cold callers speed dialing employees to see what is on the burner. Why would this surprise you?
+1
I have said it several times these recent weeks – regardless of whether you are up or down Senor Fly you have been doing your best blog work by far.
What is a crying shame is the stupid fuckers giving insult where if they stopped to listen they would find wisdom in your rants, stories, predictions, musing… Instead they mistake style and humor for weakness. They are oblivious to the need to be dead solid firm in your conviction as a trader until the market tells you otherwise. Then you must switch on a dime. Fuck them with Devil Dog’s dick!
Isn’t 30 % a bit too much for good money management? Or should I F##K myself?
Thanks-
bg
Fly isn’t here to teach, just sayin
$BZH is the devil.
“Toonces” … the cat that could drive a car is now behind the wheel of this “Market” …
CLIFF DEAD AHEAD !!!
.
YELP, looks like it’s being traded by the algo bots. WTF up/down, huge moves but not winning as an investment.
To portfoliovisibility -Like all traders TheFly may have his faults.( I do not know the man) but failure to admit his errors does not appear to be one of them.
Poor manners and bad karma on your part
oldmantrader
Coming to a screen near you….Shorts tossed into a murder hole, napalm poured upon them then a match a gigantic match…POOF there gone…YELP wins soon!