Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Moose who wrote (22793)	7/10/1999 12:05:00 AM
From: Typhoon	Read Replies (1) of 27307

I think you are all sniffing glue. Sure Yahoo is a great company, sure the internet is huge, but the stock is now down two days after these blowout earnings! I don't think a split will save them, I don't know what will get them to bounce. I'll cover my short July 180 calls on Monday. Maybe there will be a bounce, but then I would short calls again, probably August, I don't see much upside. Maybe 180, but as I have said before this feels like the internet bubble is burst and there seems to be some perverse circlejerk of hype over this stock that I can't fathom. I think most people are trying to get other people to buy the stock so they can get out themselves. Lotta hard talk around here, but the market is telling you to be careful. As I have said the last few nights, the market will tell us where these stocks are going, and as I said I might if they acted poorly, I bought puts on NITE on thursday, and AMTD today. All three had healthy bounces and are rolling over and millions of online traders are hoping to recoup the decline of the last two months and they are just coming up with excuses for not having sold these stocks on the 50% retracement. I bet everyone is talking up NITE and AMTD the same way. I've been through these before. The tide has changed and its sounds like the Dukes in trading places screaming "Turn the machines back on. Turn the machines... (heartattack)"

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