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YELP: Up But Could Keep Climbing
Wednesday, September 5, 2012 14:30
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I have been watching Yelp (YELP) rally in recent days (trading near 26 as I type, up from a low of 17.50 last week) as the post-IPO lock-up passed without any supply of stock. A quick look at the chart and the rising sales estimates tells me that some selling was priced in:
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2012-09-05 14:27:37
Source: http://ab.typepad.com/ab_analytical_services/2012/09/yelp-up-but-could-keep-climbing.html
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