If you trade Yelp and you were long then you are sitting on big losses. How could you have traded this in a better way? I maintain a watchlist and I work the watchlist daily; meaning I run through it and reconsider my position or stance on the stock price and its future. Here were my thoughts in two separate time frames and both were an opportunity for you to play a little defense.

1) Jan 9th Video

2) Jan 21st Video.

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Side note.... As a general rule I never keep a full position into earnings as they are coin flips. It's the reaction to the numbers that worries me not the actual results themselves.