By the way, SpinCo will be a private equity firm will own additional business which is really owning hot products and services. One of them is flickr I think. I am guessing here okay. In other words SpinCo will be worth more than BABA per share.
I like simple bookkeeping too. But whatever the procedures, I am pretty sure YHOO shareholders will get their fair shares even MM who owns more 2M shares of YHOO. Everybody will be rich and I say again, this is huge and a big reward comes Q4. Just imagine say you own 1000 shares of YHOO, you own 400 shares of SpinCo. It means at current price of BABA at $82 (you know this biggest e-commerce in China will be easily be in triple digit per share), I say again at $82 per share now, you will receive a dollar value of $32,800. You are rich buddy.
Hey pebble, I know you own more than 5K shares of YHOO so that is 2000 shares of SpinCO approx. worth $164K.
I am sorry to say but I think you are totally brainwashed my friend. You should get out from Tea Party.
True, but YHOO continues to its low volume for a while now. It is prone for trading manipulation as usual. Careful folks.
Maybe the question should be: Who will prevail today YHOO Long Option Traders versus YHOO Short Option Traders. In my case I will have my starbuck coffee as usual with my reading book and money magazine in my hammock. This will be routine until Q4 or at the earliest Sept 19 yeah baby.
I am long-term long (2007-2008), mid-term long, Cramer mad money short-term long. I own YHOO shares in all three categories.
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.