Seeking Alpha
  • Joel M
    Exited YELP short for a hefty profit. Feel there is a little more downside, but no one ever went broke walking away.
    8/15/12
    Reply (6)
    • Joel M: Congrats to anyone who shorted with me out there.
      8/15/12
    • Joel M: Besides I have to do something to make up losses in AMZN short. Ha!
      8/15/12
    • Sundy76: Followed you. +32% in 6 days, not too shabby!
      8/15/12
    • gtg506p: Do you have any feel for price after lockup? General gut reaction of bottom after the lockup, maybe around 18?
      8/17/12
    • Joel M: Totally depends on insider selling, and where we sit at the end of the week... But I feel we'll see somewhere around 17-18.
      8/20/12
    • Joel M: Maybe lower though; the float is small and I'm sure people want to diversify their holdings with social media imploding.
      8/20/12