Your looking in the rear view mirror and thats the problem. History my friend. EPS is uptrending, and estimates are uptrending as well. This after years of decline and in a lousy macro environment. Earnings are improving, comps are going to be looking good too. Obviously a lot will depend on the economy and advertising in general. Again Yahoo's taken a lot of cost out of their model, and IMO they're poised well to benefit even more should we see an improvement in the economy.
Suit yourself. I watch earnings and if you do some homework, earnings have already bottomed and are now on an uptrend. Yahoo has taken a lot of cost out of their model, the Olympics will give a bump in traffic short term, the stock chart looks great here, and I think it's a good trade on both a technical and fundamental basis. Earnings eventually trump everything else.
Yang is selling what? 2 million shares over the next year? Big deal....thats peanuts given the fact that he owns over 30,000,000 shares. On a percentage basis of his total holdings, it appears he's selling a little for diversification purposes more than anything else. To imply otherwise is just nonsense. Now, if he was selling 20 million shares or more, I'd be concerned. In this case, it's pretty normal activity for a company founder.