Mr. Matsky is now losing his patience. You should have sell your shares when YHOO was trading in the $40's. Unless you want to take a big pay(gain) cut from your previous gains. I would suggest to hold on your shares for another 6 months yeah baby. Me I am going all the way for YHOO baby. Selll some and keep most of it until I see my spin off 35% stakes in YJ yeah baby.
As you know China Stock Market is not really a free market like ours. When announced market reform, they do it the following day. When they say cancel all IPO, halt 1300 trading of 1300 companies, they do it immediately. When they say when you buy stock you can't sell it until holding it for 12 months, etc, etc. ha ha yeah baby.
Chinese market is up today. YJ stakes is only around $8B or less valuation compared to BABA $40B to $45B when YHOO announced the spin off plan.
Can't find a legitimate scapegoat so you blame MM yeah baby. How about China market brutal classic down drop and Greece huge loan with IMF and EU central bank. I think the rationale I mentioned make a lot of sense for YHOO shares downside trend. How about YHOO owning 384M shares of BABA, with over 20% down this year alone, a Chinese internet e-commerce company.
It was not only Marissa but it was really their Asian assets. With YHOO stagnant growth (everybody knows that), any report of revival of growth, YHOO will explode big time to the upside. Their Asian assets will make it a "turbo upside" yeah baby.
But I am not that super greedy, I am proud to own a moderate amount of shares of YHOO. I am happy. If I make a small of profit of from YHOO, I am happy.
Here is another short who is trying to demonize me to sell my YHOO baby and buy super, super volatile biotech stocks. No doubt if I buy biotech stock, I will be ended up in psychiatric hospital yeah baby.
Shorts got Cedar Point roller "to hell" while YHOO longs have $55 to $65 roller coaster to bank yeah baby.
Yeah baby ride it all the way up. Shorts said ride it all the way down. This kind of post is a super clear indication that shorts are really scared and confused if they want to continue shorting. That is shorts problem. In my case, I am riding this baby all the way yeah baby.
Here is my icing on the cake: yeah baby; over $12B spent buying back shares since 2012, just in three years yeah baby. Then another $2B added to the plan (Q1 conference) yeah baby.
Call any number you want, but I sticking with YHOO all the way baby. As long as YHOO got 384M shares of Baba, 35% stakes in YJ, literally no debt with about $4B cash in the bank, $4B annual revenue and close to $1B earnings annually, I am YHOO baby all the way.
I agree, stick to YHOO for 12 to 18 months. Currently, it is bleeding big time as coattail of BABA, with the latter down over 20% this year alone. China stock market still very shaky. It is not really a free market because the Chinese central government can do anything they want like no more short selling, no IPO, all cancelled so their market can go either way very high big time suddenly or low big time. So I think the best strategy right now is just ride it baby. Stay in the sideline for now.
This is huge for YHOO if in fact YHOO can earn about 10 to 18% search revenue with partnering with goog.
If you cannot find another scapegoat, blame me because I am losing too with my mad money account.
No I don't bury my head in the sand because Marissa's job performance. This recent downdrops of YHOO has nothing to do with Marissa but more what's happening in the markets today (China, Greece, etc.) You know that; you are not naïve in stock market, so betting options and losing if you are, so take it like a big man buddy and move on.