what analyst downgrades now after the co announces 3 billion buy back...ridiculous
makes you sick the manipulation...yahoo is finally getting some respect and have cashed alot out of Alibaba and putting it right where it counts....the spent 200 million last month, this month they will spend more...Should see 20 soon...good luck longs..long time coming
article says yahoo worth $26 ! this thing could fly in the coming year,,just got a feeling, hope i can hang in there,,soon as our new girl starts releasing good news ,,,look out ! all you long time longs will get ur money back and us newbies will be taggin along for the ride. this could really revive my IRA ! good luck to all. http://finance.yahoo.com/news/yahoo-shares-reach-18-month-213822140.html
The buyback was announced in May and it is $5 billion. A $3 billion buyback was last announced in June 2010.
Buybacks do not add value to a company. And Yahoo has traded into the $18s in 2008, 2009, 2010, 2011 and now in 2012. This is nothing new or surprising.