The answer is yes and no. Mr. Clown Cramer, as you know, is a very smart trader and investor. He is not perfect but he has some very good ideas too. I picked a lot of ideas of buying and selling stocks and some pointers or criteria of when to sell/buy certain stock. Of course he has bias and personal interest but generally I like him.
So we blamed BABA fake goods there you go YHOO down big, then twice shorts used IRS about YHOO spin off of SpinCO, there you go YHOO down again big twice. Now shorts is finding MM as easy target for shorts ploy to blame YHOO not performing well. I thing shorts are out of convincing ammo so now they are using "fire MM" "resign MM" strategy. I will just have morning starbuch hot coffee every morning, wait, relax, stay with hammock with my books, doing the same routine until sometime Q4 ha ha then I start getting serious watching my YHOO baby stock. yeah baby.
It went up to $52 a/h. Then shorts went on rumor news about BABA selling fake good news. Then in Q1, shorts went again started rumor about IRS ruling no tax savings spin off by IRS staff at lower IRS echelon department then followed by an Capstone analyst news release but really a small interview with IRS technician which was released to the market that hit YHOO shares went down further. Again, shorts are using MM as scapegoat to all these mess created by shorts. So if you follow YHOO share price history timeline, you don't blame MM but blame those shorts instead.
That is very interesting question. If MSFT plan is to get out of internet online advertising, then it is possible MSFT might also get rid of their search online services. The question now is YHOO is interested to acquire it or manage it totally for MSFT.
BABA to $120 should be given. I would wait though when YHOO is completely out of BABA coattail sometime in Q4. Both are trading with low volume lately.
Let us see Q2 Earnings Report, if YHOO beats analysts consensus estimates, I think will start to crept up to mid forty.
We have to watch very closely the upcoming Q2 report. I think if YHOO reports a very quarter, then it will separate the tie up from BABA and likely will trade by its own merit. Sometime in Q4, once SpinCo is completely detached from YHOO that will give YHOO relief that is trading by its potential no longer directly tied with BABA.
I could not dispute your numbers. In fact I fully agreed with it. I think the problem is BABA and YHOO trading correlation combined both consistently with low trading volume thus prone to price manipulation. I think this is the main culprit why YHOO can't keep up his upside momentum consistently. So every time YHOO is trading with strong volume, the tendency YHOO will very likely to close green or red depending what side is the volume is heading.
You forgot the most important rationale why YHOO is stucked or even going lower and making it further very, very undervalued. The answer is: consistently low trading volume thus can be easily manipulated. BABA stock being also traded helping further to manipulate YHOO share price easily manipulated, my personal opinion.
Hey max, I am sticking with YHOO (soon I will have BABA shares too through SpinCO) yeah baby. My YHOO mad money account is stucked in overdrive for awhile now. In fact I am adding more shares lately.
I agree with you grandpa 6 YHOO is at least $60. What we have here is so many traders who are for quick gains but also they could get burned big time easily. Like today many of them are expecting a continuation of yesterday market but I think we have a strong positive market today.
SpinCo owning 384M shares of BABA is a game changer or security insurance for YHOO shareholders. For YJ stakes, we don't know what is the future plan of Mr. Sons for this company. YHOO is also planning to spin off this asset too to YHOO shareholders.
I like to see and expect that too from YHOO. It is really about time for MM to show improvements in growth even slightly as long as it is positive. Also I am seeing new IDs posting here. Ironically, they think they know everything.