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Yahoo! Inc. Message Board

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  • goingbravo goingbravo Nov 23, 2012 4:06 PM Flag

    I am expecting a pull back to $16.5 - $17.5 level

    Due to low volume, therefore it is not in overbought condition, and also no significant negative news reported thus, I do not foresee a pullback yet. In fact I see a strong upside movements if YHOO reported very positive guidance. In addition, if YHOO announce a massive shares buyback and/or special cash dividend, YHOO, with no doubt, should immediately trade above $20.

    Sentiment: Strong Buy

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