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Yahoo! Inc. Message Board

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  • optionstrader4u optionstrader4u Nov 17, 2012 7:24 PM Flag

    Yahoo buyback will begin when Yahoo gives guidance within the next two weeks

    They waited to give guidance because of Alibaba. They wanted to get quarter results from Alibaba and their 11/11 results also, imo. Probably will give good guidance and the stock will run up. Remember Alibaba posted 1+ billion in last quarter and $3b in sales on 11/11. The only unknown is what margin Alibaba ran on 11/11. I think the guidance will contain a lot about Alibaba and what they think of its future. Maybe they have secured a buyer for Yahoo Japan or have sold some of their holdings in it also. We will see.. I don't believe much buy back has been going on with so many others interested in buying. I think it would of been very tough for Yahoo to accumulate more than 10 to 20 million shares.... jmho

    Sentiment: Strong Buy

42.59+0.51(+1.20%)Oct 24 4:00 PMEDT