Gil Simon of Apex Capital predicts that Yelp (YELP) eventually plays out like Netflix (NFLX). The recent collapse mirrors the one like Netflix back in 2012. With the premium platform and content, Gil sees a significant rise for Yelp.
The video cuts off, but he reportedly suggested a significant rise in Yelp similar to the Netflix rally. Netflix has rallied from under $10 to over $120 now. It sounds like a ride to $100 would be only the start.
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