well, one low information investor, like chalid has given me a thumbs down! That made my day and now I can crash for a few hours knowing I made at least one low information investor mad! Right Chalid?
I am re-posting this message that was my response to his last bout of nonsense.....
Yeah boys, we did give up a couple of higher days to suck in the retailers and other low information investors. The plan is going well. We work on a monthly and quarterly set of plans and only let the low information investors in after we have executed each step of our plan. That explains why low information investors, like chalid, gives you his report after we have acted. Seriously, better watch that all encompassing "we" and other similar plural pronouns used by the likes of chalid, those posts usually mean "we" are the poster, his computer and his TV tuned into CNBC, where he picks up the current level of the market and after an appropriate couple of hours, reports market movements as the product of sinister forces vs normal market fluctuations. It would be appropriate for chalid to establish a close, professional relationship with a Psychologist. He needs help, and failng the legal medical help, maybe a 34" Ted Williams Louisville Slugger up side his nogg^n might work just as well to return him to reality. I am really nonviolent, but do realize just how much that low information poster needs help!
I am not anti pebble, but YOU have exactly proved my point, you admit you "follow the money". I am telling you to research, learn and understand the markets and maybe one day you can LEAD! the money. "Following the money" only leaves you picking up crumbs missed by original thinkers/researchers who make the effort to go the extra mile and fully understand every situation and every possible outcome and, they, then lead the money. YHOO is undervalued for many reasons that I KNOW to be accurate. Now, will the market bear out my anticipation? I have to rely on my understanding of the human mind and try to predict outcomes. In this case, I am almost certain that in the end, long shareholders of YHOO will be well rewarded, until then YHOO will fluctuate.
I can not understand your interest level in YHOO. You make regular posts, very often missing the main point, and by your own admission, know, understand or follow nothing about the basic internet business, ie: your recent post illustrating you understand nothing about "net neutrality", your recent post indicating you know nothing about the long standing annual meeting scheduled for 30 Jun, so why are you here? (I am not even mentioning your lack of understanding, failure to research Japan's tax on corp stock sales and current cash position of SoftBank and its potential impact on YHOO's future). I suspect that you might do better in the markets if you spent more time researching than posting? I trade all things YHOO long and short with the conviction that it is basically undervalued, but arriving at that decision was the result of independent research, and not from message board postings. I am here not to influence the stock price or any share holders opinion, which is impossible on a MB, but to read and compare my thoughts to other opinions. It is my hope that you learn to do independent research and then express your opinion for others to read. We could all gain from the extra set of eyes and deductive processes of another intelligent poster.
Why is SoftBank still raising cash? The sell of their 72% in Supercell gives them another 7 plus billion in cash. It is entirely possible that they plan to make a bid for YJ. They obviously do not plan to increase BABA stake and their lame excuse of reducing debt does not hold water when rates are going negative. Assets have to be bought when they become available and this may be the time for Sb to buy YJ? If that is the case, the price could be close to 9 billion, especially if the purchase were to include licenses fees now paid to YHOO..
an open mind, to hear that T is working financing for a 41B bid for entire YHOO.
I can not resist going against my better judgement, I got to respond to this and the entire universe (close to 400) of postings of this same paragraph (very minor changes) over the last six months...My response....Da^n, I sleep so much better knowing that, with military precision, old chalid is on the job and just about has all those terrible manipulator dirt bags corralled. You know, folks, they are hiding behind every fence post. I am in the camp, fort or garrison with other posters who have expressed the sentiment that,. WE all just can't stand the wait for...."More after the close."
When you get my age and a little senile, you will find that you do not have the staying power to do both happy hour and get laid, so you have to take one or the other. I usually opt for the drinking, getting laid could take much longer than an hour. Heck, the Viagra don't kick in for an hour. For the record, that four hour erection warning is strictly an advertising ploy, I know! I have been anticipating that miracle for 15 years! Never got one that lasted much more than 15/20 minutes. Give me a bourbon over the rocks and let's get the happy hour started!
Pebble, don't let any article blow smoke to cover reality. Verizon's real goal is to gain access/control over the nearly one billion YHOO users and then exploit that base for their own mobile network ends. Where else can any company so large an audience overnight? Sure, they will also integrate YHOO's ad tech tools into the process, but it is the users they covet. YJ will very likely not be included in the sell but if it is included, you would be looking at a combined price for YJ and core of 12-15 billion. YJ remaining in the YHOO stub will leave an asset that generates over 100 million annually in license fees. The YJ shares would be worth an additional 7 plus billion to the BABA stake, depending on tax structure. I think the only deal to make any sense is the entire company be bought or EVERYTHING except YJ and BABA (and likely that is the deal coming). I expect the 7-8 billion range will prevail depending on how many bidders participate. I am sure the board participants noted the news splashing all over the wires about major short sellers moving in on BABA! This no doubt aimed at pushing down YHOO share price. All I can say about that is do not under estimate Jack, if BABA shares get low enough, he might just buy the 300 plus million shares YHOO owns. Then what are the shorts in both stocks going to do for an encore?
Whatsall, the answer is simple and straight forward, no conspiracy! The Jun 17 contract is the normal monthly contract that has been available for trading for six months. Option traders, especially retailers, for the most part play the normal (higher vol) monthly expiration to gain liquidity and better spreads. Reaction to special circumstances more often will be found in the weekly options expiration. There is nothing sinister about the large open position for Jun.
Market over all? flat to down a bit, short covering may be winding down and there could be a shortage of buyers. Then toss the three day weekend into the mix and the adage of sell in May and go away, and we almost have to lose ground tomorrow. These are just my thoughts and not intended to be actionable advice to anyone.
Since there will likely be no event around either stock today, I would guess that both will continue to recover tomorrow with BABA balancing out at 78ish and YHOO trading toward 37, maybe even toward 37.5if there are any positive rumors on the sell. I have the thought in my mind that the YHOO sell price will be very satisfactory to longs, and some level of clarity should come within the next three weeks.
Thanks, Curzero, yes, by 10:30 in a down market we had YHOO up over 1 and BABA up over 3. It was either blind luck, or maybe the result of trading daily for over 50 years. I do not know if it holds, but I sure will not bet against/short either company right now. I do see an over all market drop fairly soon and just hope I am out of YHOO by then.
Ask those folks who have lost hundreds of billions in energy company equity/debt just how much confidence they have in the SEC! I think you miss worded your last sentence, I am sure you meant, They (the SEC) are fools all around.
We are on the same side so let us not argue. MM has to go and company has to be sold by the new board members for the max they can get. We can do nothing about the old board and their slave like addiction to status quo. A sell is coming and the question is..".How much can we get?"