I would not consider information acquired from message boards as valuable. Go to Yahoo and look at press releases or go to the SEC government website and read Yahoo's filings. It takes a little work and reading but you will get the correct information.
this was a short squeeze and i think there may be another 24 million shares need to be covered by friday EOB
yes you are correct if the IPO news is out it will run up hill.
the only issue with yahoo is the management. i think the IPO will come after 3 qtr.
YHOO is moving up. a 45.00 price seems low because the acquirer would break even at 52.00 a share. Per the FORBES article. I've been hanging on, watching the price bounce from 32.89 to the af hours price of 34.95. This is going higher into the ipo even if no buyout occurs. I see 48.00 after the ipo, conservatively and I hang in here for a huge profit. If there's a short squeeze on top of that, then the sky's the limit. Just MHO
You are a dead weight incapable of balanced assessment.. Get your brain checked... Thank me later! You are welcome!
Sentiment: Strong Buy
I'm sorry but some of these posts are delusional. Alibaba worth $600 billion? Yahoo $60 a share? Wow I need to smoke some of that. If you believe the Alibabas financials then I dare you to eat a hamburger at McDonalds in Peking.
Sold late into the strength from buying low $33's however if nobody buys them now based on what seems to be a stretch by this Forbes article this stock drifts back to $33 and possibly lower. I'll be waiting again if it does.
3.3% jump on rumor I would sell but I think yahoo will go higher when alibaba gets released not because of a buyout.
Don't know what happened to YHOO today
Guessing it had something to do with FB.
So lets look at a few numbers:
PE for FB is 92
YHOO is 29
Market cap for
FB $177.8 Billion
YHOO $ 33.8 Billion
FB TTM $ 0.75
YHOO TTM $ 1.16
FB 2.6 Billion
YHOO 1.0 Billion
reason for FB on cloud NINE
Are you ready for this
Ask yourself's how often have you clicked
on an add on your smart phone, now really
Oh yea ALIBABA
Tomorrow it will be fun..very risky for both the sides. For now it is good to buy rather than short sell