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Yahoo! Inc. Message Board

  • gobrokefast gobrokefast Apr 14, 2014 12:46 PM Flag

    Wow, buy upgrade, big positive Motley Fool article and YHOO can't even hold

    its small gain after the huge losses last week. Disappointing to me. Hope this rally lasts, I need $37 to break even.

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    • Sorry, I should disclose that i have been trading YHOO these last few days before earnings. I was short and covered. i was long a couple of times and sold. I did buy Friday at the close and I sold this morning when it ran up. No I did not sell above 34. I may buy again before earnings but I will be out before the close tomorrow. At this stage in the market I am doing no investing just trading. Wish you he best and hope on Wednesday morning it gaps up to 37.50 for you.

    • I have no idea what will happen but if they beat earnings with some positives regarding Alibaba it will have a good move up. If not it will probably move down but Alibaba should bring it back later.

    • hotmodelfckinhatescreatingnewids hotmodelfckinhatescreatingnewids Apr 14, 2014 12:54 PM Flag

      Relax! $37 isn't bad and you can sell earnings calls that expire next week to lower your average some. Much further out you could lower your average to $33.50 or so. Someone believes $35 is to be had as 24,000 of the 42,000 outstanding were traded today, multiples more than any other strike price.

36.69+0.02(+0.05%)Aug 3 4:00 PMEDT