Um thanks for the link...It's been well established that Yahoo had trouble, hence why Dan Loeb forced his way on the board and led to the hiring of Marissa Meyer (a year ago) to help turn the ship around... and so far its working. More web views, more mobile views, purchase of assets to help generate revenue and a stock PPS that shows wall street agrees that Yahoo! is on the right path.
Net Income from Continuing operations...
2012 had a $1.9B charge for taxes..Thank you Alibaba! Terrible year.
Looks like 2013 could be at $1.6B + based on the first 2 quarters.
Good one. Probably best to cover your paper trade short position when the market opens Monday am. YHOO will be around 40 before earnings and much higher after. Core business growth surprise, alibaba growth and probably higher IPO price estimates to follow. YJ is also just under its highs so I think you are the ones who needs to be wished "good luck" if you are short.
Sentiment: Strong Buy