"yahoo must hold baba for a year so why bother with trying to give them to us?"
the thread is getting difficult to follow. i'll assume that was meant for me.
i've never suggested that yhoo should give us baba shares.
that would be even worse because yhoo would have to pay a tax on the gain they have on the shares that would be distributed.
and then WE would have to pay a tax on the market value of the shares received on the day we received them.
i've been suggesting that baba give us baba shares for our yhoo shares. that way yhoo isn't selling anything. WE ARE.
that would be a tax-free exchange of like-kind property.
Mccormick, I think they will show that share count is down to 930 million and they have another 2 billion to spend on buybacks.
Companies don't just buy stock in other companies. It's not a normal occurrence.
Yahoo will buy back as many shares as possible.
cash divd ,,,,,the stock drops the same amount and we pay big tax .........if you want cash sell a few shs ...same thing.
I think "thumbs down" should only be reserved for those who actually post an opinion. Don't you think?
" But, I'm not an option holder and Marissa did say they were going to reward shareholders."
i don't care about the option holders.
how would a stock dividend help anymore than a cash dividend? both would have the same effect; namely an equal drop in share price on ex-div day.
There would be a lot of Bltching and moaning I'm sure. But, I'm not an option holder and Marissa did say they were going to reward shareholders.
how do you think that will go over with the people who want just the opposite (share buybacks)?