Volume high for a Friday, probably some short-covering today. If we pop Monday pre-market that would indicate value investors getting in.
Looks like it's still in the beginning stages of making a deal, we probably won't hear anything new until after earnings.
It matters, many investors follow his approach. He's seldom wrong. However, Soros seldom goes public with his purchases unless he is required to. He doesn't want the price of YHOO to get jacked up before he's through buying.
With the recent downturn in the price of YHOO shares, George Soros is probably buying even more shares now.
MM is protected from a class action by the Business Judgment Rule...so no attorney would take this kind of case.
Give MM credit for the Mozilla deal and wise investment in both Snapchat and Tumbler. Best YHOO CEO during the last 5 years.
Where did you get the funds for the $50 calls? What you could have done instead...is write covered calls at $55 and then used your funds to buy the puts at $40. Still your position looks strong.
MM is doing fine, new contract with Mozilla, and a wise investment in Snapchat. She is the best CEO YHOO has had in over 5 years. MM has managed to make YHOO core valuable again.
I'm pretty sure that YHOO will beat top and bottom because of their new contract with Mozilla. So, you don't need to ask IR.........lol.
Normally, there is no "quiet period," unless there's a major event that will occur soon. Are you sure that IR mentioned a "quiet period" and if so, what major event do you think will occur soon?
Of course I'm right. I may not be YHOO CEO, but I can read the minds of MM, Jack Ma and Jerry Yang.
MM is cagey...as a woman you don't get to the top without being cagey. Look at it from her perspective, if YHOO was bought out she would be outrageously rich. Almost beyond our comprehension, she's delaying because she wants a pre-emptive bid from MSFT to be announced prior to earnings.
MM is the ultimate strategist, she wants a bidder for YHOO to appear first, before announcing. If no bidder, then announce at upcoming earnings conference call.
I'm a small retail investor and my option positions went up 150% today. I have to admit it's pretty unusual to have two up days in a row like we just had.
You can read a number of books on Buffett and his investing methods. He avoids most option trades except for covered calls.
Don't try and time the market, instead try and time BABA. Also, try to invest instead of speculate. If you're going to stick with buying options, don't buy them within the last month of trading because gamma will make your position very volatile.