Any views on the short term--say for the next 30 days or so. 13.50 to 14 seems to be the trading range. Just wondering about break out over 14 and where it would end. But I think 15 would be expecting too much. I would appreciate opinions on this.I will reply to all.
Gloomy! What a miracle! We are still over 13$ ! Yes I had other expectations because of the deal but we are still over 13$ and I am in with 10.50$ and 14.97$ and holding and made some nice day trades on the way up! Good that I never listened to you! BTW I think Yahoo got a really good deal and has great Asian Assets with Alibaba Group and a great intelligent CEO with Carol Bartz!
MSFT has indicated they want a deal. Bartz has said talks will remain private, but her gut is against a deal The BOD spent $79M last year to avoid a deal
"Yhoo BOD is shamefully irresponsible toward its shareholders and should resign in shame.
A deal could've been in place for months now resulting in improved cash flow and operating results, but no, they decided its better not to do a deal and lay off employees instead"
Agree 120%. I've been thinking about the ramifications for Yhoo's CEO and board of directors not responding to Ballmers recent overtures for some kind of a deal.
It reeks of irresponsibility to shareholders for a second time and if it happens, should not be dismissed by shareholders as tough luck. We should collectively be able to do something if nothing happens and Ballmer walks away. Comments?
COCUS Thanks for that reply. I agree with you what you say on fundamintals and AAPL comments.If the market gets a pullback, and one is now due, it could very well drop to 12.70 I was in much the same frame of mind as yourself and when it traded at 14 recently, I sold the April 15 out of the money call and there is a good chance that this will expire worthless and I am quite happy with that.