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Yahoo! Inc. (YHOO) Message Board

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  • businessguru75 businessguru75 Dec 13, 2012 7:05 PM Flag

    How soon will it be until Yahoo hits $19 , and below ?

    the recent trend line is certainly under pressure, but 19.15 should really be solid support, should bounce from there at least once pretty aggressively, got kind of close today at 19.26 and now we are 19.45 in AH. It will be interesting to see if it can close above 19.50 tomorrow. I am long but short calls for income. I just assume break even on my calls and take some long off the table heading into next week. If you actually on the stock, I am long options, unless you own 5,000 shares or something I wouldn't lost any sleep. Remember how hard it was to close above 19.15, it's going to be that hard to break on the way down.

 
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