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Tuesday, January 28, 2014

Yelp (YELP) Stock Analysis 1/29/14 January 29, 2014

Yelp (YELP) Stock Analysis 1/29/14 January 29, 2014 -

 
 

Yelp (YELP) stock is now rebounding after a massive drop. Yelp (YELP) dropped below $70 yesterday after hitting an all time high last week near $84.  Earnings are due out on February 5th and if YELP reports it's first profit ever, shorts will be squeezed hardcore!  If they miss, buy pullbacks around $67.  I have a $190 price target on YELP for the next 3-5 years.  I continue to hold a large position in my long term account while trading it in my short term account.  Right now the average in my long term account is $53.56.

Also see - Top Stocks 2014 - Top Stock Gainers 2014