A patent settlement and sale of yahoo Japan. I think it should hold onto the Chinese assets and work on curing and improving operations. Plenty of upside here. Best front page and news if kept current and informing, best finance site bar none, and as much as the comment sections get hammered, it is a major asset and customer draw and fun to post and read for jokes,collective knowledge, etc. I have tried them all and yahoo is the best home page.
Now we will see some serious action by major outsiders. I sold twice above 16 for gains and now will accumulate once again at lower prices hoping for the low 14s. I won't get the good deal I had on the first round of accumulation tho.
Forgot to add: there is no question yahoo needs a change in overall lousy mgnt. A casebook study for the colleges on how not to run a company starting with Stemple, then Yang, then this female idiot.
In any dealings with China and its companies and people you are dealing with thieves and crooks. This and cheap labor is why they outdo the US and other countries. They are not innovators but thieves of the ideas of others. Altho the matter is settled, yahoo gained no in the pocket money value until some future event because of the preferential arrangement with an affiliate. The priciest company on the stock market is a Chinese company, APPLE.
This is nothing more than another wall street induced fraud. The marketers and underwriters ought to be ashamed and sued endlessly. And the bean counters and lawyers that approved this bankrupt retread put out of business. I never bit for this fraud.
Take out blue sky goodwill and the bank is woefully under capitalized. And don't forget the govt gift of Bear Stearns. To criticize regulation and the govt Jamie is talking out of both sides of his mouth. The bank was clearly saved but the govt. And it has my least favorite credit card.
At the start too many shares out and too much dilution afterwords. Lets hope kdus is a little smarter than your example(s). And Glass bot some more shares this month.
Notice the huge amount of lawyers trying to get a piece of this little bank. This is whats wrong with this country and why we are doomed. What this country needs is our own hister.