Marissa has had two years to figure this out and the special div is not in the offing. If it were yahoo stock might be worth something but its not. Marissa has no experience; she has never run a company. She was a mere spokesperson at Google. She was not a main strategist. She makes yahoo a dangerous company. The street feels that Marissa with a windfall is meaningless.
Remember that yahoo has had a string of poor CEOs, Yang who blew the MSFT deal then, the first female CEO disaster, then the Male CEO who misstated his educational background on his resume then this one which has no experience running a company.
Yahoo is a dangerous company. The cheerleaders are talking big but a smart investor asks what could go wrong. What if Alibaba isn't the big event they are claiming. What if it has a slow start? What if yahoo sells down? If Marissa were a really good CEO the company would have turned around in the last two years but it hasn't. And Marissa spent nearly eight billion to pump up stock has nothing to show for it. A good CEO would have turned it around in six months. So what's she worth if Ali IPO is great? What's she worth if the IPO isn't so great? I don't think much either way. I think this is a high risk company with meager reward potential post IPO.
it should do much better in coming months -- oils are going great as well and gold is rising now - watch for 1420 level and then potential sharp rise - still love my earthstoneenergy/este thought it dropped a smidgeon today after a strong run --- went short treasuries for a bit late today.
I agree with most of what you're saying up till the $1M part as there is no way you put $1M on Yahoo. If you're an average investor you'd have 20 stocks perhaps less than 10 in a concentrated portfolio with a few ETF's. So that would be $20M. The average WEALTHY investor using the Tiger 21(Google it) allocation as a guide goes like this 23%-equities, 21%-private equity, 21% real estate, 8% hedge funds, 14% fixed income, 1% commodities, 11% in cash and 1% in misc. So you're worth $100M eh? One of 37,000 that are worth $100M+ in the US. Yahoo is a Catch-22...if you were worth a fortune you most certainly wouldn't have dropped $1M into it. You could have dropped $100K in LEAPS and blown your return out of the water. I also have doubts when a guy owns GLW(which nowhere for a long time as I followed it), thought Lehman would be saved and owns F which since 2011 hasn't did a whole lot. Its all good you were infected with "swing a big stick" syndrome and tried to put Cash.McCall in his place but $1M on Yahoo is hilarious!!!
What is the expiration of your $37 call. Is that third week? I think we will get major announcement from AG soon if 8/8 is the day.
Bettlle is helping ADMD get FDA approval for it's cancer Y-90 RadioGel, it's a low float Bio Play with huge upside.
At .02pps, it's a great risk/reward opportunity. Please due your own DD, good luck.