Yelp! Is Trying To Sell Itself

I don’t remember if I’ve ever traded YELP in my life, but I’ve taken on a small short position as of today.

Some of you have heard the news that Yelp! is trying to sell itself, thus it roared higher yesterday (and a bit more today). I don’t remember if I’ve ever traded YELP in my life, but I’ve taken on a small short position as of today (or, as ZH would say, “moments ago”) with the blue tinted area as my stop-loss level.

0508-yelp

 

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