Wonder what Good Ol' Cramer will say you know they will kill him on social media today. I don't know if it can but if shares can close around $6.15-$6.20 it would not be a disaster. The futures are probably keeping it from sinking more. What a shame if they had good guidance the stock would be well over $7 today.
I have a feeling it will be that way but I may have waited until Alibaba spikes a bit higher out of the gate possibly allowing Yahoo to move higher then start to short but who knows. I do believe that Yahoo will be back in the high $30's when Yahoo sells part of their stake since the CEO has not been too good at buying growth to satisfy the market and I doubt she will install a dividend it will more buyback most likely.
by blessing individuals buying up to $75. He slipped in the mention of Alibaba in the last 10 seconds tonight makes you wonder especially when he was singing about $90 to $100 just earlier this week. I could be wrong but this is looking like this will be so over hyped after the first few hours of the IPO. I will be patient to see if it comes back to the IPO range then I will look to get some. I just raised a lot of cash this week on a lot of sales which actually made me some money including BBY yesterday which made some nice money from the $20's earlier this year. I am psyched for some wild action when it starts.
I was close to taking that $32.20 area too but MU acted very well most of the day and dropped minimally as the Nazdaq peeled off 20 points late. I think this can get to the upper range of $32 before earnings then I'm out. Right now I'm long from this recent drop (3,250 shares). The Fed today allowed for some more room to run at least in the near-term. I guess we'll see.
I still have a feeling it will move fast out of the IPO then it will fade both sets of shares. It will be a sell the news event. I'm out of Yahoo and was tepid about getting back in because it moved too far too fast and profit-taking will always kick in when a stock is up $11 in about 6-7 weeks especially one like Yahoo that has disappointed recently on their earnings. This is solely about their stake in Alibaba and when they do sell some shares Ms. Mayer's track record on acquiring growth has been poor then let's see how the market reacts when their stake is cut in half supposedly. I believe you will see the high $30's again pretty soon.
He did not sing $50 again tonight. This is starting to smell like the typical pump and dump by the Najarians and Cramer. Cramer was mysteriously silent this morning about Alibaba let's see if he mentions anything tonight. Yahoo's action lately may have tempered their enthusiasm. Now if Alibaba does explode out of the gate it may push Yahoo higher but let's see how this plays out.
Either something is going to happen here or this was a possible flush out but the volume was only slightly above average so I think there is more downside. Something happened after 2pm.
Yet under Helicopter Ben the Fed said they would start to change their policy when it reached 6.5% so which is it? With the current rate near 6% it's just cover for their insane policies based on stats from a fantasy world they live in. Maybe she can tell us which sector is now overvalued this time. The Dow is now at all-time highs this moment.
has no clue their predictions are almost always wrong and her comments were meant to cover any scenario with no real indication of what they will due....once again it's all "data dependent". Like Mr. T said "it's all jibba jabba"
Why bother holding this show just play the same recording over and over. No inflation in the Fed's world but plenty in the real world. Grandma and Grandpa get used to that cat food you've been eating.
The Fed will never exit they do not know how to exit a $4 trillion balance sheet and they are scared to fearing what it will do to our markets while the rest of the world is near recession. Seniors and savers buy stocks you have no choice and when you do the market will realize that mom and pop are back in then the pros will sell like a nuclear bomb went off. That's how markets work when the Fed is in play like this. Why does she bother with this press conference they should just put a picture of her at the microphone and play the prior press conference nothing will ever change. I still love how there is no inflation (especially with today's CPI numbers) in the world that the Fed lives in of course the taxpayer drives them around and pays their bills so of course there is no inflation. Party On Dudes!
There is nothing wrong here by now the market has already done the math based on the interest from the "road show" and where they believe Alibaba will trade the first day or few. The problem here is that too many people listen to the Cramers and the Najarians of the world.
So Yahoo will be up $28+ after the IPO from where it is now. When you sell your shares at that price and have a lot of gains may I ask you a question.....with your profits would you like to buy a bridge I own? What's even funnier is that all these people here agree with you.
but you have to love Cramer. He fueled Yahoo over $44 and now it's struggling in the $42's. Now if Alibaba hangs in the low $70's instead of $90-$100 like Cramer has been hyping who knows where Yahoo goes we will see. This is what Cramer does best and if that range he predicts does not happen you will hear him go silent the week after the IPO. He plays these trades for his hedge fund brothers and I expect him to try real hard this morning and tonight one more time to hype the whole situation. I'm not in Yahoo but I will be watching the IPO for sure.
They have bleeped me for words and partial words that should have been let through so many times. Also they have polluted the site with so many adds and other junk that you can't get the page to settle or load at times. It is a great informational site but it does have issues.