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
23,471 Blog Posts

I’M BUYING MORE $YELP NOW BECAUSE $YHOO IS GONNA BE RICH SOON

With the IPO of Alibaba, Yahoo will net, post taxes, anywhere from 10 to 15 billion dollars.

What do you think they will do with that money?

I added to my YELP position.

Indeud.

The PPT wins again.

If you enjoy the content at iBankCoin, please follow us on Twitter

68 comments

  1. Zach

    you guys are so funny. im about to subscribe just based on that alone.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Rong Xu

    🙁

    Sincerely,

    Rong Xu

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. matt_bear

    outstanding shares of 70,874,000 has it roughly $5b at this current price. You think YELP would agree to an offer? they were just 100 a few days ago so they’d probably want a significant premium above that too.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Fly

      They’d accept 10 billion

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • matt_bear

        $141 a share. clean double from today’s prices. very interesting sir. I wish i had a tobacco pipe to enjoy while contemplating this.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  4. OG

    Yessir, sooner or later Yelp gets taken out. Yahoo, Google or Facebook. Yahoo definitely needs them the most.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. The Fly

    Where’s that bitch who was talking shit?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Chedda

    I believe Jennifer is playing the 5 knuckle shuffle wondering what happened to her positions today.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Anton

    Buying YELP is typical time machine-owning behaviour (sic) and I’m sure it will turn out well and all.

    But the genius move here is to quickly throw together a click-generating company for Marissa and her yahoos to buy. Like “the Christian Mingle of porn” or something.

    Or iBC .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Genghis Khan

    Fly, I really like the way you slip and out of The PPT. When you lose you claim to deviate from it, when you win, The PPT wins. How much are you still down?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Fly

      Regardless of what I am doing with my four horsemen, I’ve never said anything untruthful about my position or about what The PPT has done. It is a tool, one that works.

      Now the next logical question you will have is “well, if it’s so good, why don’t you follow it to the t?”
      I can only say genetic default, stubborn head, always letting my creative side get in the way of reason.

      Fire away.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • matt_bear

        Yelp is the Ric Flair of the group.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
      • Genghis Khan

        Thanks for allowing a certain level of skepticism here. You didn’t answer, how much are you still down?

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Dr. Fly

          Golden Horde

          I’ve answered the question about 50 times over the past three days. Go check the archives.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
    • Spud

      If you’ve never deviated from a trading plan, you are either a robot or a computer. If you haven’t figured that out in your trading career yet, you will.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  9. Akbar

    IMPV helppp!! hurts the fireeye

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Rong Xu

    All:

    At least I shorted BBBY properly as recommended earlier. That company will never be bought out.

    Sincerely,

    Rong Xu

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Hideous fibs

    Glad to see things turn around for you, Yahoo likely to buy/start fresh with a WDAY/CRM/LNKD Version of their own since GOOGLE was heading that way too

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. rahagar

    IMPV castrated. FEYE clipped a tad on the news.

    YHOO needs to buy a pro sports team…preferably a soccer team since youth are more into that style of football. Selling tee shirt s would at least give them some revenue.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. matt_bear

    What do you think of other players like SALE or ANGI? Or does yahoo stick to best of available breed and target YELP only?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. matt_bear

    Mike posner “top of the world” very fitting then.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. longview

    I don’t generally go in for this kind of sycophancy, but SHOMP, sir.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. J Livermore

    Well done Le Fly !! And to think you were grovelling to the dirty masses this morning in an attempt to convince them you are not as big of a prick that your pen would have everyone believe. Indeud.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Dyslexia

    The Fly is Dog

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. unclehar

    God help you if you all start talking like Honest Abe. In the meantime, disaster has been averted by not reacting too strong, well done Fly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. haypenny

    PPT does not cater to plebeians 🙁

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. Trading_Nymph

    Grrrrrrrrrrrr…Draghi ain’t going to let this dollar sell off last for long.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. The Fly

    But when I do… SHOMP

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. Bubbles

    DECENT

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Frog

    Hi, Fly. This is a Fed bull market. I’ll bet that soon you will be answering the opposite question– how much are you up now. No worries. Janet has our back.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Cascadian

      Some people are out there working their asses off, and they are not in the Fed.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  24. Jennifer

    Bbby and impv ouchie

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. SailorBoy

    I’d like Janet’s back. Soft and squishy with all kinds of nooks and crannies to hide the evidence.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. Kevin

    I think TWTR will be bought also. What do you think ?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. Loss_cutter

    At half price

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. Sgt Hartman

    Yahoo does not want Yelp. They want video. Yelp is a non-critical web site that would not be missed if they went out of business…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Fly

      Sgt

      Entirely untrue. Yelp is the google of reviews, fucked face

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Sgt Hartman

        Beyond the optics, Yahoo does not have enough money to pull this off. On the other hand, MSFT does.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • The Fly

          Yahoo will net 10-15 billion when alibaba comes public.

          Can’t you read?

          • 0
          • 0
          • 0 Deem this to be "Fake News"
    • og

      Why did they just partner with them then?

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Sgt Hartman

        Why would YHOO draw up all of the partner contracts, go through the motions and then M&A? Meyers has much bigger fish to fry. Yelp is not a game changer.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • punyandy

          Marissa [Mayer] doesn’t have shit to fry. She is a dumbass on a spending binge, overpaying for a bunch of random shit with no logic. The only reason she isn’t fucking fired is because the Alibaba stake has grown tremendously – though no effort of hers. She’s too busy building $30k doll houses for her kids, revoking remote work arrangements, and posing for pictures. Hell, she makes Carlos Fiorino (sic) look adept at M&A.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • alf44

            .
            … “if you don’t shut up … I will be forced to punch your face in with a box of jelly donuts” …

            Just sayin’ …
            .

            • 0
            • 0
            • 0 Deem this to be "Fake News"
        • og

          Microsoft did that with Nokia right?

          • 0
          • 0
          • 0 Deem this to be "Fake News"
    • alf44

      .
      … gotta say … I would “miss” YELP !

      But, I would prolly git over it in about 10 minutes !
      —–
      Pandora, on the other hand … I would miss for about 15 minutes … okay … 30 minutes !
      —–
      Facebook and Twitter could disappear tomorrow and I wouldn’t bat an eye !
      —-
      Maybe, I’m not the best person to offer an opinion on these “social media” … uhhh … “companies” !

      SIGH !!!

      .

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  29. alf44

    .
    “if you don’t shut up … I will be forced to punch your face in with a box of jelly donuts”

    —–

    Classic !!!

    .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. Cascadian

    Is that Tony Robbins on the page 1 pic at the sstock exchange?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • alf44

      .
      … Tony Robbins is actually about 7 feet tall !

      Tha dude is a freakin’ GIANT !

      —–

      I’m positive that ain’t him !

      .

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • The Fly

      That’s Jeremy Stoppelman, CEO of Yelp

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  31. Fake Karl Denninger
    Fake Karl Denninger

    You’re all headed for a five-alarm buttfucking. Not gay, though.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. jimbajuice

    YELP is the very best stock in the market. Disruptive product, unlimited reach, enormous consumer database with multiple revenue avenues, rockstar CEO. Its obvious.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • alf44

      .
      … Question !!!

      Anyone here familiar with the webste HOUZZ ?

      If this thing EVER decides to go public it could be “the next BIG thing” !!! IMO
      —–
      Love this website … alot !!!

      Check it out !
      .

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • alf44

        .
        … I would call it “House Porn” !!!

        For lack of a better term !

        Love tha site …
        .

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  33. Flicker

    What a series of Bull/Bear traps that have sprung on the unsuspecting since the first of the year. The real question is What Now. It’s hard to invest in this mess.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • it is showtime

      Whipsaw generally favors bears

      I generally think the top is in

      (also remember… Yernanke and company, thats the new one… their statement was from 3 weeks ago prior to any selloff…)

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  34. controller

    Alf, that comment makes me question your true gender. I’m pretty sure only women like house porn.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • alf44

      .
      … I am an engineer by trade and a bit of a frustrated Architect !

      Looking at great “design” … be it a HOUSE … a CAR … a GOLF CLUB … or, my wife’s newest powder puff … is fascinating !

      Fuck Off !!!
      .

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  35. it is showtime

    Are you really our president (# 44) posing as someone from a different land

    hm.. wait a minute…

    • 0
    • 0
    • 0 Deem this to be "Fake News"