4700 more June 38 calls just bought. that's about a $1.5mil. bet due in JUNE. They will control almost a million shares of yahoo if it gets over $38 by the 3rd week in June. Big money involved on the long side.
The mkt was looking for expanded stimulus from BOJ so it sold off last night. Didn't get it but the mkt memory is short as we all know.
I'm just a trader but I do know that fundamentals only become obvious AFTER the price has moved. Nothing is ever obvious until it's too late. I often look for news and go the other way IF it reverses. Again, I'm a trader not an investor
OK max, you can always sell and I'm pretty sure you knew what I meant. If you want to be a shareholder we don't have a choice. Go sell if the risk/reward doesn't fit you. Trading isn't easy. We all get it.
here's his tweet..."One name: Rick Hill --trojan horse--Yahoo $YHOO "
By the way...twitter is much better for up to the second news. I would spend more time there than Yahoo msg board. FWIW
We don't have a choice but yes I do. Starboard has the right people in place to maximize our shareholder value. They have money on the line too. Fingers crossed they break this company up and "SHOW US THE MONEY!"
Tor R. Braham served as Managing Director and Global Head of Technology Mergers and Acquisitions for Deutsche Bank Securities from 2004 until 2012.
During his career, Mr. Braham has been directly involved in negotiating or executing numerous mergers and acquisitions in the technology industry. Prior to joining Deutsche Bank, Mr. Braham served as Managing Director and Co-Head, West Coast U.S. Technology, Mergers and Acquisitions for Credit Suisse First Boston. Mr. Braham currently serves as a director of Viavi Solutions and Sigma Designs.
Eddy W. Hartenstein is a seasoned media executive with a wealth of executive experience from his time serving as CEO of the Tribune Company, Chairman and CEO of DIRECTV, and Publisher and CEO of the Los Angeles Times Media Group.
Mr. Hartenstein has served as a director of Tribune Publishing Company since August 2014 and was Non-Executive Chairman until January 2016. Mr. Hartenstein served as the publisher and CEO of the Los Angeles Times Media Group from 2008 to 2014. Mr. Hartenstein currently serves as a director of SanDisk, Sirius XM Holdings, Broadcom Ltd., and Rovi Corporation.
Richard S. Hill is a seasoned senior executive and public company board member who has served as Chairman of Tessera Technologies since 2013, and who previously served as Tessera’s interim CEO. Prior to Tessera, Mr. Hill spent
20 years at Novellus Systems, a semiconductor equipment designer and manufacturer. Mr. Hill currently serves as a director of Tessera, Arrow Electronics, Cabot Microelectronics Corporation, and Autodesk.
Jeffrey C. Smith is a Managing Member, CEO, and Chief Investment Officer of Starboard. Mr. Smith has extensive experience in best-in-class corporate governance practices and significantly improving value at underperforming companies. Mr. Smith currently serves as a director of Advance Auto Parts and, until earlier this month, served as a director and Chairman of Darden Restaurants.
BREAKING: Yahoo reaches agreement with Starboard to add 4 new independent directors to its board, including Starboard CEO Jeff Smith