massive buying will drive this stock--IMO we could see $ 22 in days----MM is kicking the tires to Yahoo back in vogue and they announce the Alibaba deal we see $ 30 plus
buying with both hands
Sentiment: Strong Buy
I'm predicting it falls back below $20 as it hasn't held it yet. This deal with Google isn't really that huge and certainly not enough to move earnings. They're selling excess display ads to Google who has them join their network. That's like getting a membership to Costco or Sams Club. Sure helps save a few cents but I highly doubt moves the needle. Whose going to do the buying? Yahoo had to spend $1.5B just for it to move last quarter otherwise it'd be in the $18's.
Cover your short and you'll find you will say fewer stupid things. No one cares if Yahoo falls a little below $20 again when we all know it's going to $26 this year. Are you long or short Yahoo now hotmodel?