Tiger Capital takes a 2.5% new interest in Yahoo!! Holy cow 25 million shares!!
None of these managers will sell until Yahoo is at least $23-$25. There is now a $17 put under the stock for all of its cash on hand and its holdings in Alibaba and Yahoo Japan. Also, it is said that Alibaba is really worth $100 billion. That would put yahoo's stake worth around $24 billion. Again I will state this! Yahoo is worth twice what it is trading at. Why do you think a fund like Tiger Capital invested 5% of its total worth into the company? These guys do more deep research than all of us on this board combined times 100!