Ok shorts how low it will go, and is there something else bringing it down. How can anyone really invest in this stock market when at ANYTIME big money can manipulate it away from the rest of us that play by the rules. Its really getting PATHETIC!!! It seem like its gotten much worse since the 2008 downturn. It looks like any stock at any time can do whatever big $$$ tells it to do no matter how illogical it is. How can people really have faith in this market, when this happens???
There is no safe stock even if we had a booming economy. If the big boys target you, then you are at there mercy. If they can do it to Apple, they can do it to anyone. The part that #$%$ me off is that they are doing it with borrowed money and insider information. Is it legal, who knows??? Its a club that only a select few can join and the dues are very high. There is no logic in Yahoo being down, that's why this move was so profitable. On paper it should be minimum $47 bucks.
I hope your right, but I have a funny feeling about this whole deal. They are always talking about a false flag event, well this in a symbolic false flag event in my eyes. Good Luck!!!
I did not say BUY Yahoo. I am saying SELL Alibaba. We are SOOOO overdue for a correction that this ALIBABA BS maybe the thing to spark it. The heck with taxes, she should have sold at $93.
That equals $51,000,000,000 for Yahoo according to Seeking Alpha's spread sheet posted on August 24th 2014. Yahoo enterprise value was approximately $34 billion before IPO. Even with a low PE of 10, yahoo should be trading at least $47.
That's what they want you to think. If Marissa was smart, she would sell at $93. That won't happen because something else is going on behind the scenes. Sure wish I knew what it was...FOR SURE!!!
Why hedge it?...SELL IT!!! Alibaba may be making a ton of $$$, but BABA has enough mystery behind it to get out and run for the hills, especially at $93 bucks!!! People keep talking about the tax issue. I would love to have the tax problem Yahoo has!!!
Is there any integrity in this market anymore? People that used to "Short" would short because there were some internal fundamental issues that would eventually bring the company stock down...You certainly would not execute a short position on a AAPL with a fantastic balance sheet and $150 billion in cash or YHOO that has billions in cash if they sold there BABA position. Do you really think someone would execute a short position of this size without knowing what the company was going to do?...or could do? or has already done behind the scenes. Do they really think people are that stupid. They do not even try to hide it anymore!!!...But that's my opinion. Good Luck everyone...
Its the same way they manipulated AAPL. Its a game that makes no sense to anyone except the game players. Who would "SHORT" anyone that has plenty of cash to create a short squeeze? I think they have already made a deal with BABA, but the big boys want to make even more money buying Yahoo at the lower prices...right?