iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,424 Blog Posts

$YELP is a Buy

I don’t care where the stocks trades tomorrow. I am making a commitment, a very public one indeed, to never sell this stock–ever. The only way I am going to sell YELP is when they get acquired. See, it’s not a matter of if they get bought out, but when.

I’ve made a determination, long ago, that companies like YELP, TRIP, ANGI, OPEN, LNKD and Z should never be sold. However, due to the vagaries of the stock market, there are times when I try to “time the top” in a feeble attempt to show off market savvy.

The smartphone market is a $300 billion per business. Companies who are able to capitalize on mobile win. No one does it better than YELP. Hands down, the stock is a screaming buy at any time you are able to purchase its shares.

As of now, I am long YELP, OPEN and FB. Regrettably, I did not buy GSVC in the 8’s, even though I highlighted it for being $4 under its NAV a few weeks ago.

Moving on, I am in Richmond, VA, in a hotel that is filled with southern bone-heads. They rate this hotel top tier. I rate it scum of the earth. Their gym equipment is antiquated and the clerk at the front desk needs a psychiatrist and fast.

As you know, “The Fly” will be fulfilling the duties of any respectable northern man of commerce and nationalism, treading in the foot steps of the great northern general, William Tecumseh Sherman.

DEVELOPING…

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29 comments

  1. ultramarine

    Dr. Fly, I know that gym is not suitable for a gentleman, but find some way to do squats, even if you have to hoist one of their cruddy machines on your back to do it. Squats are probably the best exercise to do when only one type of exercise is possible.

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    • The Fly

      I agree. Today’s is not squat day, but chest and arms. I will squat with my little ones on my back on wed.

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  2. OG

    Yup. Take out should be within the next 2 years.

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  3. Acehood

    Deadlifts and squats.

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  4. ottnott

    Eddie Lampert will acquire YELP via SHLD.

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  5. fake amish

    Why the fuck GOOG bought Zagat will keep the shorts in YELP. Senor Fly has the idea in social media. Bear slaughter.

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  6. charlie

    How many Smithfield hams wrapped in Confederate flags are you delivering per Woodshedder’s retirement clause?

    Also, YELP and I recommend you take the family over to http://www.yelp.com/biz/sandbridge-beach-virginia-beach for a few days vacation.

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    • AKwitdemBeamz

      Damn Sherman. Fortunately he was kind enough to leave my house standing because he felt it was too beautiful to burn.

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  7. fake amish

    Godzilla has the nuclear waste makes good skin cleanser look to it. Wrinkles disappear after two washes or your money back. The Yen as toilet paper is trying also.

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    • fake amish

      Just in case the bleeders be confused. Long DXJ for the Fly inspired win.

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  8. jeff

    Staying at The Jefferson? Safe travels. If you are in town for awhile longer, I can leave you some day passes at the West End American Family Fitness along with some Earl Grey Tea at their front desk.

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  9. fake amish

    A Senor Fly take on the disaster that is JCP would be much appreciated.

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    • random theory

      Carl Ichan sold, sensing that it would soon force Ackman to capitulate in HLF. He will probably buy Ackman’s margin liquidation of JCP later on at lower prices, and sell Ackman’s capitulation of HLF higher.

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  10. Formerly

    Did you Yelp that hotel before booking a room? How many Yelp stars does it have?

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  11. fake amish

    Hate to say it. Hyperloop top? Seriously Detroit just went belly up and Cali needs a fucking make sure the capsule is closed bullshit ride? Wtf. Ever been to Cali? Over half of the populace are foreigners I mean locals and are on foodstamps. Who the fuck pays for this nonsense? Musk with a few million stock options if TSLA does not find gravity. Textbook denial.

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    • lol

      I don’t think so. Is capital better suited in Government debt (municipal bonds) or private companies and corporate paper?

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  12. MX2101

    Re: Hyperloop- Life is too long; to save time this way.

    Also, if you like having an MRI procedure, you will love the Hyperloop experience.

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  13. J

    “and the clerk at the front desk needs a psychiatrist and fast.”

    Lol Why?

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  14. MX2101

    Hyperloop passenger- please enjoy your journey through the agricultural breadbasket of America, and take comfort knowing that if something goes wrong, eventually a little piece of you will be inside each and every one of us.

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  15. matt_bear

    holding Jan 14 $60’s on yelp. Hope a buyout goes thru before christmas.

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  16. Ray Donovan

    you didnt mention IMMR as a long??

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  17. Trend$eker

    Rumor that Yahoo Japan may buy Yelp…

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