Its up on high volume. I doubt it will hold the whole day but should close up significantly. How the heck is that a stock with a 5B market cap, owned by Buffet is up 6% and there is not a single article on it?
I feel like he wouldn't sell. He just bought in 2013 and he buys into management and philosophy with a ton of due diligence. I don't think that turns around in 2 years.
Unimpressive core business and no new information on the tax implications of the BABA deal. I think there is a potential that they announce there could be a delay in the spinoff which would send it down even more.
Lets not forget that revenue doesn't mean much without turning a corner and making money. You could have a company with a billion in revenue tomorrow if you sold $20 bills for $19.
I hear that, but do you see any big reasons on the horizon as to why the stock would go up after earnings?
I am going to make another purchase of YHOO. When would you guys pull the trigger. I don't expect anything special out of earnings and I don't expect any indication on the tax implications of the BABA spin off. With that in mind I have a hard time seeing how YHOO will rise. I love it long term, but think it may dip.