They will knock the hell out of the stock, the momentum is going north now for yahoo and baba.
management will not go ahead to set-up a company , a baord and hire lawers and waste time and money if the tax free spinoff is not going
use your head, its going as planned.
and have no fear
If tax free to take place today( baba; at$85) yahoo will jump to $44-45.
this jackson guy is talking when baba was at $110/shr
Tax free spinoff.
positive momentum until earnings announcement.
I it will get back to the price it was before the IRS story came out BY EARNINGS DATE.
THE IRS STORY WAS ORCHESTRATED BY WALL STREET .....
HERE IS THE CHART
As a CEO of Yahoo she reassured twice. she doesn't have to disclose the source and is never been asked. its up to us to understand or not understand. and I have placed bet on it the 1st time she said it.
based on established approved rulings between Yahoo's tax lawyers and IRS.
and based on MM reassurance for the second time that the transaction is SAFE AS PLANED.
Marissa Mayer on BloombergTV said Yahoo is proceeding with the Alibaba spinoff as planned based on its understanding of a few key things: • The IRS proposed changes do not apply to previously-approved rulings
• It doesn't seem that these proposed IRS changes are contemplating changing the applicable law; rather they are focused on the processes around these situations
• They were reassured that this was nothing specific to YHOO or in response to this transaction
During the Bloomberg interview, Mayer said the Yahoo has been reassured that any new tax rules will not affect Yahoo’s planned spinoff. it will recover very fast this week
If free spinoff is accepted yahoo should trade today at 44.66. If not
then at 35.70.
the market is trading yahoo at the average of the 44.66 and 35.70
this take into cosideration all yahoo's holdings and current market of these holdings.
flip a coin !!!!
If Netflix buys Yahoo's core business for $8 to 10 B.
think what they could do with YAHOOOOOOOOOOOOO