YY reports it doubled revenues this quarter

by,

Suzanne Coleman

YY is China’s online social networking, gaming and music platform, similar to our facebook (FB), but with more features and it monetizes user activity as well.  YY just reported great earnings with an increase of approximately 100% year over year.  This stock just may do very well in your portfolio and I recommend that you check it out.

I’ll have you do your own research but its current price (before earnings) was about half of its estimated 12 month price.  Now that earnings are in, I would think that that 12 month estimate may increase.

I would keep in mind that for some reason this well-perfoming company has a bit of an erratic stock price history.  Also, factor in the unknowns about investing in a company in China.

This stock reminds me of Yahoo! (YHOO) back in 1996.  Time will tell the tale.

 

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Yahoo! Finance charts, unreliable

the UGH

by,

One Frustrated American

 

When will Yahoo! ever get its act together again?  I mean, it’s been years now of messed up e-mail, finance, and news sections.  I wish I got paid $100 million to manage a company that badly.  Seriously, that would NEVER happen under my watch.  If you’re hiring, call me.

For the last few days Yahoo!’s financial charts have been showing highly inaccurate after-hours data.  Either not updating as trades occur, or for the past two days, showing numbers that are off by 10%.  I mean, learn your decimals programmers!

And not only do they fail to properly program their functions, they don’t test them, and they refuse to take customer feedback.  Like Hello!  Stupid, just plain stupid.  The best way to know your product is to LISTEN to your customers, not ignore them or send them around in circles so that you don’t have to listen to their complaints about the problems with your product.  I mean, where am I?  What country is this now?  Geez.  I guess their board of directors is only concerned with the stock price.  That will be interesting to follow if and when the market does deflate…

It would be nice to be able to rely on one of the big internet companies we have here in the United States these days.  They’ve only had, what, like 20 years to get their act together?  Yeah… again, hire me…

Yahoo! is not alone in this.  E-Trade has problems with its website too, and they don’t make corrections after they are given direct, specific feedback on the issues.  Not a good sign.  They are overdue for hiring an analytical consultant, like me.  Call me, and watch your value grow.

Who do you use for your info and have you found them to be reliable?  Let us know in the comments section below.  It’s kind of a big deal, you know?

 

 

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The Very First Annual Official Unfriend Day

unfriend day fb graphis, Jan 1st with blue border around white

by,

Suzanne Coleman

I hereby declare January 1st as the FIRST OFFICIAL ANNUAL “UNFRIEND DAY!”  On this day we are all free to unfriend all of those CRAZY, ANNOYING, BORING, whatever “FRIENDS” we have added over the years on facebook and have realized that we just don’t want to keep them around anymore.

No more “custom” posting, hiding posts, making secret groups, now you can feel free to come out in the open and say “I am going to unfriend all of you suckers!”  LOL!  Ok, maybe not quite like that, but… I say go for it.  National Unfriend Day has now gone OFFICIAL!

Wouldn’t life be just that much more awesome without having to scroll by the endless political posts of those obsessive-compulsive types?  What about no longer seeing loopy, goofy posts by those schizotypal personalities, oh boy!  Yes, yes it would be MUCH more awesome.  And this day lets you do just that WITHOUT ANY GUILT!

That’s right, this day is 100% GUILT-FREE!  No one can ever come back to you and whine “why did you unfriend me!?” and go and badmouth you to all of your mutual “friends.”  Nope, not anymore!  National Unfriend Day is the PERFECT way to get them out of your life, no strings attached.  Go for it!

This way all of those narcissists who never ONCE commented on or liked ONE of your posts, but expect your COMPLETE attention on their incessant self-centered posts are GONE from your life!  And that’s GREAT!

Go ahead and enjoy your “unfriend” clicking this January 1st, you even get a whole DAY OFF for it!  It’s PERFECT!  And when you’re done, sit back, let out a huge sigh of relief and give me a smile, that’s all the thanks I need.  🙂

Beware of the Ratings on Yelp

shocked, baby, face, yelp, warning, beware, ratings, need to know,

Image courtesy of mjtmail on Flickr.

If you haven’t heard of it before, yelp.com is an online rating website for businesses all over the the world where people like you and I can rate businesses as well as write up reviews (unpaid) and have them posted online for other people to see.  As a new user of yelp, I recently found out that the ratings shown for the businesses do not reflect all of the reviews submitted on those businesses.  When you use this site, you need to be aware of this, especially in order to avoid really negative business experiences like the ones I had.  I don’t want to see anyone else put into a bad position when dealing with people who aren’t ethical business people.  No one deserves to have their equipment damaged or to have a business give them a firm quote and then force them to pay more for what they had already agreed upon.

Here’s what I’m talking about.  When I recently reviewed a local business with whom I had had a very bad experience, I noticed that there was another patron who had also had a very bad experience.  But I noticed other reviewers with ok and great experiences.  I was pretty suspicious of the review with the 5 stars, but maybe it was legit.  After I submitted my one-star review I skimmed the business’ page again and noticed a little note at the very bottom of the reviews which said “filtered” reviews.  “Hmmm,” I asked myself, “what is this?”

So I clicked on it, and found tons of one star reviews and a couple of 5 star reviews that had been hidden from view!  What?!  I read through a good number of them and it wasn’t hard to realize that these one star reviews were all very legitimate.  They had specific and applicable details and were all different from each other in complaints and writing style.  And, having experienced the nightmare that was this business myself, I had no problem believing any one of them as true.  On the other hand, the five star reviews gave very little detail and were a bit too complimentary so they may have been fake, but it’s hard to say for sure.

I was a bit concerned about why all of these one-star reviews were being hidden from consumers, so I looked around for answers.  I clicked on the “about filtered reviews” link to see what I could find out.  It says that these reviews are not included in the company’s star rating.  “Why not?” I asked myself, “they are all legitimate reviews!”  I was starting to smell something a bit fishy, and it wasn’t the soup.

So I submitted a question to the company, and they responded quickly.  They said:

“Thanks for contacting us with your concerns.

We try to showcase the most helpful and reliable reviews among the millions that are submitted to the site. Unfortunately not all reviews make the cut, even some legitimate ones. However it’s worth noting that the system isn’t static. It does what it can with the information at hand, and regularly revisits each review as it learns more. As a result, filtered reviews can find their way back onto business profile pages and vice versa.”

After I received this, I felt placated.  “Ahh, ok, they’ve got a system, it’s all under control.”  But I then was prompted to go back to the site and see what happened with my recent reviews, and lo and behold, the two one-star reviews (both very legitimate and appropriate) I had written had both been filtered and placed in the “hidden” and uncounted section of the two businesses’ pages.  “What?!”  Ok, this can’t be right.  So I wrote back to the customer service rep who had responded to me and asked to speak to someone about their filtering system as it didn’t seem to be working properly.  I haven’t heard back.  So much for good customer service.

If their system works as they say, as more information comes in, the businesses’ ratings should be adjusted to reflect them.  That means that the one company that I reviewed which had 37 one-star reviews out of 54 reviews total should have a lower rating than 2.5 stars, and with so many one-star ratings, many more of them (if not all of them) should be placed on the business’ official ratings page and counted.

It sounds like their system may work to filter out fake 5-star reviews, but it seems to be doing so at the loss of keeping the valid one-star reviews.  In reality, it is more important to know about the one-star reviews than avoid some fake 5-star reviews.  I’d take another look at my filtering system if I was working at yelp, and redesign it so it better filters out only fake reviews and maintains the legitimate ones for consumers to use.  The entire point of the site is to (well for yelp’s owners to make money off of free consumer reviews…. but) provide honest reviews to consumers so that they can make good decisions about where to spend their money and where to get the services they need.  Knowing about bad businesses is a critical component of this service.

So I think the important lesson here is that if you choose to use yelp to help you decide whether or not to patronize a certain business, or to choose which business is the best fit for your needs, that you not only read the business’ main reviews but are also sure to check if they have any filtered reviews and to read those as well.  I certainly wish I had done that before I went to use the two businesses that I ended up giving one-star reviews.  It would have saved me a lot of time, money and distress in the end.

If you have any questions or comments please feel free to post below, I look forward to hearing what you think.

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