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YELP is up 60% so far on it's first day of trading....



March 02, 2012 – Comments (7) | RELATED TICKERS: YELP

Can we add the ticker so I can red thumb it?

7 Comments – Post Your Own

#1) On March 02, 2012 at 10:40 AM, Valyooo (38.09) wrote:

It's probably overvalued.  But would you have wanted to downthumb it regardless? or downthumb it if it jumped 30%? 40%? Why do you think it won't pop another 40% tomorrow?

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#2) On March 02, 2012 at 10:53 AM, Evlampius (< 20) wrote:

i want green thumb -  why red?

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#3) On March 02, 2012 at 11:20 AM, kdakota630 (29.21) wrote:

It's good to go now.

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#4) On March 02, 2012 at 11:37 AM, MarkReeth (33.11) wrote:

Definitely want to red thumb this bad boy: Yelp and Google can't stand each other, but Google is Yelp's lifeblood to consumers.  The moment Google chooses not to let its search enginge link to Yelp is the moment Yelp goes down in flames.   

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#5) On March 02, 2012 at 11:59 AM, Schmacko (90.12) wrote:

@ #1) I see this as another tech bubble 2.0 IPO that pops up big first day or two then declines rapidly.  The fact that they don't turn a profit, are likely to face competition in local advertising from bigger more established firms, and that they're IPOing near a high point in the market are all negatives to me.

I have no idea where this comapny's price is going to be a year from now but I think there is a very good chance, based on past performance of other internet IPOs, that it will definitely be drastically lower within the next 2-3 months.

I have done very little real due diligence on the company and have no real money at stake, but I'm just not feeling this company and I think I might be able to net some "easy" CAPS points..... I've been wrong before though.

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#6) On March 02, 2012 at 1:10 PM, constructive (99.97) wrote:

It has negative 20% profit margins, trades at 17x sales, and depends on Google for 75% of its traffic.  That's all you really need to know. 

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#7) On March 05, 2012 at 4:25 PM, Schmacko (90.12) wrote:

Down 14.5% the very next day... yeah.  Like I said should be easy caps points.

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