$25 will be tested in the coming days - the stock is overvalued if you take off essentially half of alibaba's value due to taxes. Even at $25, YHOO still valued at tens of billions market cap! It gets down to their core biz and there's no hope there either so now, you have no hope with core and less hope with baba to continue propping up mayer. Mayer was paid $100 Million over 2 years - un real.
Volume still sucks . .. simply no buying interest. You get the feeling that Friday was just short covering. The stock needs better, more bullish coverage and needs to show that BOJA is a growth or M&A story.