I received emails from Yelp, a Gabriela sent and I will go ahead and upload screenshots as well. I know they record their phone calls and I cannot seem to end this nightmare. Now I am receiving emails saying my refund is not warranted and they are saying that I only spoke to Billy, to cancel and ask for help to cancel on the website which was hard for me to cancel myself because I am not that tech savvy. When he called me I told him I was not interested and to cancel my account and instead they charged me 136.00 and 46.76 and I disputed with my bank and my money was reversed. I told him I wanted to use the credit to see if I received anything to help me and to call me back (this was in Feb 2023. I spoke to Billy, and he told me all the bells and whistles and had me lookup other businesses he helped and wanted to help me start, and I told him I was going to speak to my other half to see if this was something worth doing and to not charge my card. This means that the author of the review is using a made-up account to submit Yelp fake reviews. You might find that their photo comes from a stock image. Click on the user’s profile photo and do a reverse image search. I received a 300.00 credit from Capital One when making an online purchase and I contacted Yelp to see if they could help me grow my business. Check The Reviewer’s Profile Photo Fake reviews on Yelp are done with fabricated user accounts. Harvard Business Schools Michael Luca found that a one-star increase in a Yelp rating led to a 5 to 9 percent bump in revenue for a restaurant. Don't set up a Yelp for business page, it will only cost you money in the end. According to surveys by Nielsen, 68 of people rely on online reviews and 93 of the visitors to Yelp usually decide to make a purchase after visiting the site. However, recently a competitor of mine started writing fake reviews in the review sections of. I wish I had looked at their ratings before I set up my page, they have a 1.9 rating and there is definitely a reason for such a low rating. two apps of mine almost only get 5-star reviews. I've told them my situation and not to call anymore yet they persist. They call me several times a week trying to get me to spend money with them and advertise on Yelp. Yelp has kill any chance I did have of getting future business from my Yelp page and it just makes me look bad when people look at my page and this costs me money. I fell for this once and had them send a check and the check was fake. 90%of the customers that call me from my Yelp page are from out of state numbers wanting me to do there jobs but they are out of town right now and they will mail me a check. I personally answer all emails and texts. He said I only responded with automated text messages and I don't have automated messages set up. Some guy with a California area code reviews me and gives me two star rating and that review was called real. I've had 4 ligament clients review me on yelp and their software has called all four of them fake, these are customers that live right here in my hometown and they all had my area code yet Yelp is saying that they came from out of state numbers and and they were solicited.
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On the date of publication, Omor Ibne Ehsan did not have (either directly or indirectly) any positions in the securities mentioned in this article. However, the accelerating growth in sales is worth the losses, as it has enough liquidity and room to take on more debt. It has a backlog of $3.4 billion.īears argue that LAZR is unprofitable and will remain so for the foreseeable future. The company’s revenue is expected to recover strongly, reaching $88 million this year and more than triple to $274 million next year. Thus, the 26.87% short interest here seems overdone.įurthermore, the most bullish argument for LAZR is its rapidly growing sales. LAZR stock also trades at a relatively discounted price due to earlier selloffs. The company’s fundamentals are starting to turn a corner, and seems to be expanding pretty fast. Luminar Technologies (NASDAQ: LAZR) is among the lower-risk bets among short-squeeze stocks. But I would warn that good news is unlikely to come anytime soon. Thus, betting against the bears is a good idea. Carvana will likely survive this cycle it will continue to feel the pinch for years due to its high debt, but the short interest here seems a little too much. I believe it can survive longer through debt restructuring and cooperation with other companies. The company can also use its $3.9 billion of available liquidity to stay afloat for at least the entirety of 2023. This also leads to share dilution since Carvana does not currently generate enough cash to cover its expenses and debt repayments.Ĭonversely, much of this is already priced in, with the stock down more than 97% from its peak. Much of that debt is floating rate, meaning the business faces a lot of pressure in the current environment as interest rates peak. A lot of Carvana’s problems stem from its massive debt load of nearly $9 billion. The cars sold by Carvana are slightly more expensive than ones sold by dealerships, and that matters in this environment.īut that’s not even the worst part. The business being entirely online makes it difficult as customers are more likely to strike a better deal at their local car dealership. Indeed, it has been burning a lot of cash due to the used car business slowing down. Source: Jonathan Weiss / Ĭarvana (NYSE: CVNA) is the most shorted stock on the market, with a short interest of 63.53%, ahead of even Silvergate (NYSE: SI). With that in mind, here are three such short-squeeze stocks: Thus, I would only suggest investing in them if you are prepared for some potential heavy losses. These are stocks that are perpetually bleeding, and their businesses have poor fundamentals with high cash burn, which is the reason they are shorted in the first place. Of course, not every short-squeeze stock will deliver such eye-watering gains, and there are some risks involved in going long on these stocks. However, millions of retail investors on Reddit’s r/WallStreetBets forum decided to buy the stock driving up its price, resulting in Melvin Capital losing a staggering $7 billion. We saw this happen two and a half years back with GameStop (NYSE: GME), the video game retailer that hedge funds like Melvin Capital heavily shorted. This creates a positive feedback loop that can drive the stock price even higher. However, if the underlying businesses get even some slightly positive news, their stock prices can rally and deliver multi-bagger gains as bears would have to continuously cover their positions. These stocks have a high percentage of their float sold short by hedge funds and other bearish investors betting on their decline. If you’re looking for some explosive returns in the stock market, you might want to consider betting on short-squeeze stocks. |
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