lousyjets
Short

YELP: Building my short position as I turn negative in the mkt

NYSE:YELP   YELP INC
Been eyeing on this and did pull a trigger. Opened this:

Apr 12th -- 36 puts

No escape for this. 100% sure.
BOOOM Play
Trade closed.
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So sad holding 100 shares ((. What is a long perspective you think?
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lousyjets JGoldmann
@JGoldmann, If you're stock (commons) holder then why worry? You can hold them for as long as you want. It is a good name but mkt conditions make it look bad. In near term it will come down to 34.80 and the worst case scenario (ONLY if mkt corrects big) near 30.xx

Hope this helps.
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Nice graph!
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lousyjets KNUTWILLIE2U
@KNUTWILLIE2U, Glad you liked it.
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