You all know Yahoo is overvalued at this point. After their earnings announcement I may even need to lower the max value for Yahoo from the $17.20 I have it pegged at.
Yahoo's max value could drop all the way into the $16's.
You just know Yahoo is going to miss on Revenue with their changing sales approach and search slide. More Display ads going to FB. Heck even the stock buyback will look to be a massive destruction of capital.
I just can't wait for the earnings announcement. Oh the wailing and gnashing of teeth that we shall all hear from the longs.
You will need to hope that they don't talk about growth of mobile advertising revenue, new advertisers, acquisitions, hiring of top people, strategic partnerships, more stock buybacks or the $15 billion in Alibaba and Japan assets.
Talk is cheap! They can talk about those things all they want, the problem is that none of it is having an impact on the bottom line. Poor, Poor Yahoo. It keeps changing the coaching staff but just like the Cleveland Browns they keep getting the same results. Silly BOD, they don't understand that getting a top draft pick every year isn't a good thing.