another blow to MM
$.01's on the $1. Will never recover. The Spinco will not be even money and the YJ has way to much hair on it.
I own zero Baba and Yahoo. Will never buy Baba, the water will always be too cloudy. I am waiting to buy Yahoo. Depends on when they spin Baba off, when they fire Mayer, and how Y!J works out.
These is a very good chance they slam Baba for earnings, it could go to $68.
Mayer has proved over and over that she is clueless. She is reactive and terrible at timing (baba spin off, layoffs, yj, etc). She could have taken advantage of all those situations, but she needed Starboard to bang on the door.
Lastly, the damage she has done to the core,is almost unfixable.
Right now I am big in BAC and looking at UA.
She is a gift in reality, because when she is gone, the price will rip and get back in.
How funny is it that she negotiated to keep more Baba shares? In reality it will be a bad move.
DEsperate man, not even cheerleading now, just hopes on MM. She is terrible, look at the track record
Just saw she is actually hosting a fashion show at the MET ball. Wonder if Katie will be there, then giggle together over ripping off shareholders.
What a fool. Where is the BOD
This was a conviction buy. Had my sell at $60 and was to move on. It is dead money until September. I think BABA gets slammed next week and doesn't recover until the lock-up is over. Realistically, $68 is tested and maybe even as low $60.
Will watch and took some ok profits. My luck for not staying the course, Mayer gets fired today and this jets up to $50.
Not worth the risk of this falling to $35.
$40? More like $35. This will be slammed. Means Baba would be down to $68, then crushed with lock-up. Mayers savings grace is now her end game. BABA
There is no other options. Yahoo can't be saved, she has done enough damage and no more time to burn cash.
Sell, reward shareholders and move on.