Ignore the noise today which is traders swapping.
Yahoo’s stake in Alibaba could bring the Sunnyvale company as much as $19 billion after taxes, analysts say. But Yahoo apparently likes Alibaba so much that it announced it has amended an earlier agreement with Alibaba that required Yahoo to sell half its Alibaba shares in the IPO. Yahoo now has the right to hold on to 60 percent of its stake.
At least seven Wall Street firms raised their price targets for Yahoo on Wednesday, according to Reuters, with most citing Alibaba as the reason.
Nope. I would never short it. Always been frustrated with it because it goes nowhere. Good luck to you though. I just think the Bull is gone because of no innovations only Refreshes and Tim doesn't care to increase stock price as CRM, Netflix, Amazon, Priceline ceo's
You are suppose to compare the Launch date 5S price to the price today. The Launch date is the catalyst. Not the 52 wk low.
Wow, That is Awesome! However the stock still goes DOWN DOWN on a Bull Market. Any ideas ? ? Two words. Dead Money.
If you disagree with the evidence and logic, prove me wrong. I would love to get back but the money is dead here until TV comes out. Even Herbal Life is better then Aapl in regards to rewarding shareholder wealth.
Apple is going sideways while the market goes up. This is their trend for 2 years since Jobs died. Just look at the Stock price as evidence and look at their innovations. Nothing but Refreshes. Until the CEO gets new products Apple stock is dead money.
I had Aapl for 2 years and it stunk compared to other stocks. Just dead money from experience. Took it out and put in FB and made much more money even though it is high risk. Appl is extremely cheap but it does not reward shareholders anymore.
Funds with big stakes in Japan's Softbank Corp (9984.T) and Yahoo Inc (YHOO.O), for example, hope to capitalize on Alibaba's surging growth. Softbank and Yahoo each own large stakes in Alibaba and their shares have risen already on optimistic talk about the Chinese company's IPO.
Three funds of American Funds, led by the EuroPacific Growth Fund (CEUAX.O), owned a combined 9 percent of Softbank's stock at the end of June, according to Thomson Reuters data. Mutual funds also will get a chance to participate directly in the Alibaba IPO, which could launch in New York or Hong Kong.
What is your logic that premium will explode when earnings moved up.
However, I took my money and bought Yhoo which is prepping for Alliababa IPO. I will get my money back from Yhoo.. Guaranteed from the IPO.