Yelp Inc (YELP) News

YELP new 52 week high

Great opportunity here. Seems to have slipped thru the cracks.

YELP new 52 week high

YELP new 52 week high

YELP new 52 week high

Yelp Inc NYSE: YELP

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Communication Services : Interactive Media & Services | Small Cap BlendCompany profile
Yelp Inc. connects consumers with local businesses. The Company's advertising products enable businesses of all sizes reach a large audience, advertise their products and drive conversion of their services. It offers a range of free and paid advertising products to businesses of all sizes, which include CPC Advertising (Yelp Ads) and Multi-location Ad Products. Its business page products include Free Business Account, Upgrade Package, Branded Profile, Enhanced Profile, Verified License, Business Highlights, Portfolio, Yelp Connect, Logo and Nearby Jobs. In addition to its advertising products, the Company also offers features and consumer-interactive tools to facilitate transactions between consumers and the local businesses they find on Yelp. The Company offers subscription services, licensing payments for access to Yelp data and other non-advertising, non-transaction arrangements. It sells its advertising products through online, its Website, its Yelp for Business app and others.
New 52 week high

CNBC Yelp

— Shares of the online reviewing company jumped 5.7% after activist investor TCS Capital Management took a stake in the firm, saying in an open letter the company should explore strategic alternatives, including a sale. TCS built up a more than 4% position in Yelp, becoming one of the company’s top five shareholders. TCS said Yelp is “shockingly undervalued” and could be sold to a private equity buyer for at least $70 per share, a more than 120% premium.

https://stockcharts.com/h-sc/ui?s=YELP

$YELP Has $158.53 Million of Debt

Join the club

I’ve been shorting YELP.

Yelp must be getting desperate to willing open themselves up to legal liabilities so quickly... this has disaster written all over it

People are going to boycott YELP on this "Racial Encounter" BS

https://www.foxnews.com/food-drink/yelp-flagging-businesses-accused-racism

What a piece of crap this stock is... that was my yelp review for yelp lol

Wokeness is a dish better never served — but it’s taking over restaurant criticism world

By Steve Cuozzo

August 26, 2020

The Hollywood Oscars went woke not too long ago, and now, so have the so-called Oscars of the Food World — the James Beard Foundation’s annual restaurant and chef awards. Identity-politics lunacy now rules the venerable organization once devoted to celebrating the great American bounty.

The JBF stunned foodies last week when it announced it wouldn’t announce its award winners for 2020, supposedly due to the disruptive impact of the pandemic. But New York Times restaurant critic Pete Wells this week uncovered the main reason: Although some black chefs were nominated, there was none among the 23 unidentified winners.

Never mind that Beard winners are chosen in polls conducted among thousands of food specialists all over the nation.

The JBF won’t name any winners in 2021, either, to allow the foundation to conduct “a comprehensive internal and external review to address any bias” and to “align the awards” with “equity and diversity,” according to a news release.

The joys of food and cooking no longer matter much in establishment perceptions of the culinary arts. Good luck trying to learn how to tell one tomato from another. The discourse increasingly resembles a college curriculum built on “intersectionality” and the evils of American capitalism.

It’s worse: The JBF will tap an “outside social-justice agency” to help it eliminate “systemic bias.”

The JBF went into a tailspin after it named Clare Reichenbach as its new chief executive in 2018. British-born Reichenbach admitted having no culinary background beyond her home kitchen, a curious choice to head up the distinctly American institution founded by James Beard, the original celebrant of great American cuisine.

Yet the JBF is hardly alone in embracing the woke catechism. Eater.com recently posted a “socially conscious shopper’s guide” to coffee and tea and noted, “Our daily cup owes everything to our colonial, slave-built economy.”

San Francisco Chronicle restaurant critic Soleil Ho banned from her vocabulary any number of innocuous words that might be taken as “microaggressions” — for example, “addictive” for anything delicious, because it might somehow offend minorities for who knows why.

The most unforgivable sin is “cultural appropriation.” If you’re a non-Guatemalan who dares to cook Guatemalan, you’re dead meat.

Last year, the well-meaning, non-Chinese owner of a small Chinese cafe downtown saw her career ruined by the woke mob. Eater.com accused her of “racist positioning” over the wording of an ad about lo mein. The Twitter mob piled on. Her apologies weren’t enough to save the restaurant.

The editor of Conde Nast title Bon Appetit was forced out this year over a 16-year-old photo that purportedly showed him wearing “brownface” at Puerto Rican-themed costume party. He denied he had altered his face color, but a staff mutiny sealed his fate.

The mob next struck the mag’s popular test-kitchen video site over a pattern of “cultural insensitivity” that allegedly included underpaying nonwhite contributors. Heads rolled. Bon Appetit’s new digital restaurant editor writes that it isn’t enough to talk about “the intersectionality of food, politics, race, class and gender” only when it’s “convenient.” Intersectionality must be made a primary theme.

The great chef Thomas Keller was excommunicated for calling it an “honor” to be named to the White House’s Economic Council for Restaurants, formed to support the coronavirus-ravaged industry. There was much chortling when the pandemic forced him to close his Hudson Yards restaurant TAK Room. While Grub Street critic Ryan Sutton was careful not to cheer its demise, which caused “scores of hardworking people .?.?. losing their livelihoods,” he wrote that it “shouldn’t have opened in the first place.”

Chefs who are in vogue tend to be political and racial provocateurs. New Orleans-based Tunde Wey, whose stunts have included charging white customers twice as much as nonwhites, recently posted an Instagram essay in which he rooted for the death of the whole restaurant industry for its “racist” practices.

GQ magazine published a flattering profile of Wey in 2019. The article won an award this year for best media profile from — guess where! — the James Beard Foundation. From now on, chefs and people who simply love great food without political axes to grind are just chopped liver.

scuozzo@nypost.com

https://nypost.com/2020/08/26/wokeness-is-taking-over-the-world-of-restaurant-criticism/

Where’s muddy waters when you need them? Someone should audit this numbers!

Yelp laying off 1000 employees and cutting off pay for all others, this is a perfect stock to short on Monday.

YELP buy these canyons

Most unethical company on earth !
Shame on peeps who work for a scam company and take that money to home feed their family knowing yelp is stealing/ forcing people to collect $$$ like mobs used to do in old days !

Biggest scam ever! How long you can run a scam and steal $$$$ from hard working restaurant /small business owners !


Little pocktarfd business owners keep paying monthly fees to scam yelp will eventually dry up
Pushing yelp to OTC markets

News: $YELP Groupon Buying Yelp Makes Too Much Sense to Happen

Looking to turn heads as well as its stock price around, Groupon (NASDAQ: GRPN)  is reportedly eyeing game-changing acquisitions. A couple of unnamed sources familiar with the matter are telling The Wall Street Journal that Yelp (NYSE: YELP) could be a target.  Right off the ...

Find out more YELP - Groupon Buying Yelp Makes Too Much Sense to Happen

News: $YELP Yelp Announces New Restaurant Solutions To Better Reach Diners and Save Consumers Time

People can now receive updates directly from their favorite local restaurants with Yelp Connect and new Waitlist features help them plan life better Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today announced new updates to its restaurant produc...

Read the whole news YELP - Yelp Announces New Restaurant Solutions To Better Reach Diners and Save Consumers Time

Everything You Need For Your Premarket Including Yelp

Company reporting earnings and CFO leaving to Eventbrite. Every day there is a Premarket Breakfast post with what's going on, why, gappers and sentiment. Today's Post is at

https://www.behindthebid.com/posts/premarket-breakfast-for-friday-august-9th

It’s time for this scam to go down to zero
It will happen but not that fast

There are many money managers (so called)
That don’t have any money but others $$$$ to burn

Same here, we cut down to $0 permanently now. They removed over 130 of our reviews as punishment.

cant be trusted and we will spend our $4k per month spreading awareness to the public via social media from now on instead

Yelpscam!

News: $YELP 4 Delivery Stocks Looking To Satisfy Hungry Investors

CORAL GABLES, FL / ACCESSWIRE / January 25, 2019 / The delivery stock market has capitalized on excitement stirring around the food industry over the last few months. What was previously understood as common practice in the food delivery sector has recently changed with the advent of food...

In case you are interested https://marketwirenews.com/news-releases/4-delivery-stocks-looking-to-satisfy-hungry-investors-7555308.html

Believe it or not there are tons of lazy awzz business owners with many negative unfair yelp reviews but still paying yelp tons of $$$ for nothing
That’s the reason this scm won’t go down that easy
People have to wake up,
One thing l do t get is this reviewers have no balance at all. If you are posting a review and if you are true to yourself post your # too.
You can’t rven reach scm posters who’s helping yelp to scm people more and more

Believe it or not there are tons of lazy awzz business owners with many negative unfair yelp reviews but still paying yelp tons of $$$ for nothing
That’s the reason this scm won’t go down that easy
People have to wake up,
One thing l do t get is this reviewers have no balance at all. If you are posting a review and if you are true to yourself post your # too.
You can’t rven reach scm posters who’s helping yelp to scm people more and more

They took down ALL of ours. 10$ by next year is being generous imo

Can’t believe this Conpany is trading over $30
$10 next year mark it
No activity !, Google is taking over big time
Yelp reviews /scams going down soo fast that yelp management don’t know what to do
We cut our yelp adds to zero and our reviews went down to 20s from 40s
Almost 6 months no reviews added
Meantime 30 google reviews added
That tells you something big time
Biggest scam on earth

It will take 1 smart judge or attorney

Exactly. I honestly feel sorry for any shareholders in yelp. What they have done is criminal!!

Agreed totally, ihavethe proof of it,
We cut monthly add $$$ amount from $800 to $300
Our review count went down from 40sdown to 20s

Complete bs
Google reviews will beat the shhhh out of yelp

Slow death not that fast
They need to dump millions of shares at highest level
Look at Sears’ it took years to go down

They will soon. Complete scumbag company

LOADING THIS WEAKNESS!!!!!

Can't wait to see this company go bankrupt.

$CIIX Yelp-style $YELP app. Approved for download by the Apple App Store, this is the world’s first Chinese-language mobile cannabis navigation application. Within the app is a database of marijuana dispensaries and cannabis strains. The platform allows for review and discussion on cannabis products, allowing customers to find the best recommendations and nearby locations for medical and recreational cannabis.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137950561

We need more news from MoviePass stating their timeline on using their customer base as an ecosystem to partner with Yelp, Uber, Lyft, OpenTable, and other convenience apps— as they have already stated. This was all part of their original business plan!

YELP buy 40.47

















normal chart




log chart

LOL

Management selling on the run. Bear time

GOD BLESS YELP AND MYSELF I'M MAKING A KILLING .. THANKS TO ALL THE EPIC REVIEWS I HAVE RECEIVED!!! I'M SO FU--ING TITS IN THE REAL WORLD!!!

Prescott General Partners LLC has filed a new 13G, reporting 4.8% ownership in $YELP - https://fintel.io/so/us/yelp and https://fintel.io/i/prescott-general-partners-llc

Kerrisdale Capital's Long Thesis for Yelp

Full Summary of Long Thesis on YELP

Yelp

Recently retained a long position in Yelp
With over 127 million reviews and nearly 200 million unique monthly visitors, Yelp is a leading and unique local search and review site
Due to higher than expected customer churn, management reset expectations for 2017 on its latest earnings call – sent shares down 28% after-hours to below $25/share (34% decline in enterprise value)
Considered the price action a gross overreaction to the lowered guidance
Revised forecast gave us the opportunity to buy shares at 2x LTM revenue, 13x LTM EBITDA and 16x LTM FCF
Very unique asset and believe its brand, breadth of content and popularity would be extremely difficult to replicate
While there’s a perception of Yelp as being a restaurant/bars only review site, that category represents only 18% of reviews and even less so in terms of revenue
For other businesses, such as a local dental office or a fitness center, understanding the value proposition of advertising on Yelp is easier for a variety of reasons
Nearby competitors are fewer, each customer review is more valuable for the client since less reviews are provided for non-restaurant businesses, etc
Being at the top of Yelp searches is similar to the need to be on the first page of Google results
In recent years, Yelp has introduced other features on the site such as Eat24 (competes with Grubhub) and Yelp Reservations, an alternative to OpenTable that allows customers to make reservations directly on the Yelp site and app
Popularity is undoubtedly growing as transaction related revenues grew 28% in the last 12 months
Further engaging user base, increasing the value of the platform to both the local businesses and users
Has the potential to grow well beyond its current base of 143,000 customers
Will grow top-line by 20% in 2017 and sell-side calls for ~$1.2B of revenue by 2019, representing a CAGR of 18%
Applying a 3x revenue or 20x FCF multiple on 2019 revenue/FCF yields nearly $45/share, implying more than 60% upside
Also believe that Yelp has significant strategic value and in that scenario, shares would be worth meaningfully more

Oversold buy by goldman Sachs

Yelp is going down after market!!!

Aegis initiated coverage on Yelp at Buy and set a $47 per share price target. The price target is generally supported by the company's fundamentals:

Analysis

Sell two ATM options (call and put), buy 2 OTM options (both put options) and the stock.
This strategy could make you up to 7-8% in a few days.
What do you think about it?
Expiration date is tomorrow, today the company is going to announce its earnings...
The overall strategy is right here: http://bit.ly/050516YELP

You still shorting this? I can see that on the weekly but the daily looks like a long opportunity...at least short-term.

Initiated another short position today 20.62 looking for teens