Most people on this board think YHOO is cheap.Why did Jeffries & Co. downgrade??????They said that at $35 most of the upside is already in YHOO for the quarter. Advice anyone?
so they can buy it cheaper...they missed the break-out or could even to short! Don't worry what they say watch the action of your stocks. Cause / effect. Volume / price
Because they want to buy more Yahoo before the blow out report! WALL STREET GAMES!!
YHOO (OR ANY OTHER STOCK)WITH P/E >100 IS NOT A CHEAP STOCK.THAT'S ALL.GOOD LUCK TO ALL.
But isn't a very high PE ratio a good thing?For example, MSFT only has a PE ratio of about 37 (according to Yahoo! Finance), while YHOO's PE is over 137!Doesn't a high PE ratio mean that the stock is really really good?