As I said in a few post, I felt Yelp’s earnings were going to be good. And they were! Even though I felt it would be a good report, I was still very worried owning 5000 shares. If the report wasn’t so good, who knows where the stock would have gone down to. Well, the report was good and the stock is flying after hours. They beat the “price per share” and the “revenue” numbers. This is going to help my account greatly! How much? I will not know until the morning. What I do know is the stock closed at $32.64 today and in the after hour trading it’s up to $36.20. Will it stay that high? Who knows! But I have 5000 shares so it will be a nice gain for me. I feel this stock is gonna run for a while!
Steve
The Options Coach