Can YHOO reports positive growth now, say slight positive this coming Q but more so the following Q after that. This will be great news coinciding it with spin off of Aabaco.
If you believe BABA will eventually get to $200 (AMZN $500+), then you have to believe that Aabaco will get to $60 to $70 price range.
Are you back in the Philippines. Recently a big storm hit the Philippines and media reported 19 casualties and a few missing. I know you used to yearly storm season in the Philippines. Good luck to you buddy.
With China shifting from export economy to consumption economy, the major beneficiary of this change will be BABA with Aabaco is right behind it. Being the largest e-commerce in China and with huge financial resources, BABA will continue to dominate China online business for many years. This will obviously benefit Aabaco greatly. The final effect is that it will translate strongly positive to BABA and Aabaco shares big time.
If you think long-term of YHOO, I have no doubt you are in good hands primarily because current share price hit the low end of valuation matching it against its assets and fundamentals. Since the two huge historically down trading days, I think YHOO is now gaining its upside momentum with Q4 is around the corner because as we know the spin off of Aabaco would likely to occur.
I think YHOO found the right strategy to increase their growth that is to built mobile apps, and more apps integrating it with tumblr and their top-rated web sites like sports, finance, news and entertainment for their mobile online users.
Hey matsky, sorry but I am very confident and strongly believe that the spin off will be tax free, so it irrelevant for me to say otherwise. That is my personal opinion.
Jackpot buy! My low with my mad money account is $33+. I am obviously losing with my short-term account but I am still up very big in my long-term account. I am looking forward with my new Aabaco shares sometime late this year.
Spin off date must be after lock up period Sept 18 based on letter of agreement. However, they can announce the date anytime.
fear, panic, fear, panic selling , over 1000 points down last two days I know but US growth moderate but stable, so no change, just share prices. No change too to my outlook of YHOO long term. Keeping all my YHOO shares and I will get to the finish line that is for sure (Aabaco shares baby).
Free country shorty. Time for huge, huge Monday rally to completely wipe out all YHOO shorts.