Seeking Alpha
  • Bret Jensen
    Is YELP's pop the last stages of a bubble? http://on.wsj.com/xw01kC
    3/4/12
    Reply (9)
    • anonymous#12: Bret, are you still bearish LULU? It is getting me headaches in two ways, I have to spend a lot for my wife obsession with yoga and
      3/4/12
    • anonymous#12: getting killed in my short positions.
      3/4/12
    • Bret Jensen: Yep, but through bear call spreads, so not getting hurt too bad and my longs are doing very well. $5gas will kill all retailers.
      3/4/12
    • humahuaca: hard to say where we are, but I think it's more like the first or middle stages than the last stages.
      3/4/12
    • Bret Jensen: How is early 2012 different than early 2011, other than the debt problem is worse and gas prices are higher?
      3/4/12
    • humahuaca: Only meaningful (positive?) difference I can think of is that european banks have been saved from total collapse. For now. That should mean
      3/4/12
    • humahuaca: US banks are a bit safer too. But not one real problem has been resolved, just papered over, debt added to debt, now we have zombie corps
      3/4/12
    • humahuaca: and banks, so it seems to me we have a much bigger problem, but in 1 to 3 years. At best we are Japan 2.0
      3/4/12
    • nullid2002: It's all a build up to Facebook. And with all the trading in private shares, the IPO is already suspect.
      3/4/12