% | $
Quotes you view appear here for quick access.

Yahoo! Inc. Message Board

  • oldpalos oldpalos Nov 15, 2012 7:38 PM Flag

    Market ready for bounce--yahoo could see $ 18.50 on Friday or Monday

    yahoo holding up like a champ----------------we could see $ 18.50 plus with normal bounce and any good news we could see $ 19-$ 20 range

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The way she is trading we should see $19 by next Friday. She has been moving up slowly and filling gaps. I do believe she will get very close to it... Here is my brief analysis on Yahoo. There is very little float available out there to be traded. Remember institutions and insiders own 80% of this stock. That leaves only 236,000,000 shares available to trade to the retail investor. Of that, imo, 50% don't trade on a daily basis and are long term holders, etc.. That leaves about 115 million to trade daily. This is why I feel the company will be unable to buy back more than 20-30 million by next earnings. I would guess they have maybe bought back 3 to 4 million so far. Remember those are retired when they are bought back so every day they buy the available shares to trade go down that much. My personal opinion is when the street learns how to value Yahoo's holdings properly this will go to $30 in days... Again, all jmho

      Sentiment: Strong Buy

38.32-1.06(-2.69%)Jul 25 4:00 PMEDT