True, it defies a good buy/sell strategy my personal opinion only. YHOO baby since 2007-2008, so why not keep your faithfulness a little bit. ha ha
Then I still will keep some for the long-haul baby. I think YHOO will be bought eventually by either msft, goog, aapl or even social media company.
Nope, I won't be selling until YHOO past $50. I might tempted to sell a few shares at $47 (Cramer style strategy, take some profits, don't be greedy). What do you think?
I think these are mostly small hedge funds and day traders selling taking their quick profits. Why not! Very good really because I am very concerned about YHOO heading to Friday with heavy load of overbought condition.
I am not sure where you learned your investment strategy but my personal advice to you please go back to relearn basic fundamental investment.
I think the 0 value of YHOO core is only because with no or stagnant growth. Until MM gets this growth moving positive or growing and sustainable then I think the markets will start giving values to YHOO core.
I know this baby will close at $43 or just below $43 today that is my take. I do not know about the intricacy of option trading so I am basing my prediction on fundamentals only.
Based on $66 pricing, I think YHOO is very, very stable at $43. If they raise the price and the rumor is confirmed before Friday then YHOO will go higher than $43, say $45 to $47 this is my personal opinion only.