They will make a low ball bid, the stock will drop on that bid, probably 20%. That will take all of the long option money off the table then over about 3 months it will be ultimately valued at what it is worth, which is about 45-50 per share. That is just the stock market, they spank everybody's butt early and often, you have to realize the market doesn't give you this much time to get in on a buyout deal. I was in on the first one, had 1500 shares, heard some guy say on TV that anyone that thought Microsoft was going to try and buy Yahoo was an idiot and deserved to lose their money, I sold 750 shares, the next morning I had made 7500 because the bid was 10 dollars above the closing price. Take it for what you will, not trying to do anything other than share my opinion.
Sooner or later that is, I am short, I think it is going back down with the rest of the frack pack, and I live here where they are operating, hope they make it.
Am I the only one that is wondering why, and extremely nervous I might add, that Yahoo is not trading better with the bids coming in a week? Where is the front running? I feel like a gold fish in a blender.