I wouldn't be surprised if some people got advance notice of today's Reuters on China being ready to cut rates again. See YHOO headlines.
Guys, it makes absolutely no sense for MM to tell us her plan for YHOO. Can you imagine her calling GOOG and telling them that she's planning to take the Mozilla account from them? Basically, if MM told us her plans for YHOO, the competition would also find out.
I suppose that since you are long and short, that you are a YHOO options trader. YHOO calls are good, but I prefer bull put spreads. I'm not sure why, but it sure seems like put premiums for YHOO are higher than for an average stock.
Even almighty GOOG already feels the effects of this partnership. GOOG has turned red during AH.
Excellent doesn't adequately describe the news. Without doubt this is great news. YHOO's major weakness, are all the critics that say YHOO core is worthless. Well....this is MM's way of saying, you guys are plain wrong.
If we know about the Morris Trust, then so does GS and JPM, why would YHOO bother going to McKinsey for another opinion?
YHOO around 115 yes sireeeee. Guys you are obviously referring to BABA. Posting to wrong board. Technology and all it's problems make life interesting.
That's reasonable, however, a good reason for an earlier announcement would be to get minority shareholders off her back. Also, it would announce to potential buyers of YHOO that they need to pay top dollar before their offers would be considered.
...inside information has leaked and goods news is around the corner.
Come on guys...how difficult could the decision be? MM is looking at this situation and saying to herself...should YHOO pay more taxes and have everybody yelling at me or should YHOO pay less taxes and I would be a hero. It's a no-brainer. Give MM some credit for common sense.
I've got a lot of respect for Soros, nice to have him on the side of longs. All the signs point to something major occurring soon. Although it's always smart to take some profits, make the market-makers pay dearly for your shares and buy back during lulls in trading.