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Yahoo! Inc. Message Board

  • richardleeds richardleeds Jul 29, 2010 8:41 PM Flag

    in the down-side ways market what is a good YHOO entry price

    I'm assuming the balance of 2010 is a lousy year, declining commodities, declining home sales, declining home starts, declining consumer purchase of cars, the whole works.

    So if YHOO has no good news to report the balance of 2010, what looks like a good entry price. Where do investors see shares going in a negative client, and no good news for YHOO.

    I am assuming the stock will not keep going down forever, but then they do not seem to be able to generate growth or am I wrong? I'm thinking shares decline without quarter to quarter growth.

    Is it reasonable if this market declines 5-10% that the non-performers this year like YHOO (declined in a year when most companies went higher) will go down 10-20% and I get the shares cheap.


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    • Why do you choose a sick patient – YHOO? This stock may keep downwards or at most sideway for years, a lot healthy stocks you can play, e.g. Agri sector, big money finished consolidation and is launching a new run today.

      If a stock is “Cheap” by price, but never up or mild down, even shorts cannot make dimes, this stock is DEAD money by definition. The risk of market is – it’s much easier for you to buy a stock by click than doing DD.

      Never touch dead money…

      • 1 Reply to lewisz88
      • YAHOO has made many investments over the years in other countries. While they are minority positions YAHOO has never cashed in.

        My thinking is that Yahoo has not been able to make a go of it and its shares have declined in half over the last two years. All those investments made by Yahoo over the last ten years have matured in price, so even if the U.S. company is unable to perform and keeps declining to let's say $10-11, someday those investments in Asia mature. Someone wants Yahoo's name and investment portfolio.

        Perhaps it's a bad idea. If I want a tech name and am unable to afford Google, I should consider INTC or QCOM or BRCM.

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