SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ram Seetharaman who wrote (23965)9/25/1999 2:46:00 PM
From: Stephen M. DeMoss  Read Replies (1) of 27307
 
If you remember, they beat their number by .04 last quarter. Do you remember what happened? We dropped from 189 to 110 over the next 4 weeks. Back then we didn't have some of the impending negatives in the market which we have now.
To me, right now (with YHOO) we are playing a game of 'chicken'. Who will be the first to bail? Who will hang in the longest. Right now things look very bullish. It also did last quarter. It began selling 2-3 days before earnings. Maybe this time it will begin selling 5 days before. Maybe it will be strong right up to Christmas-even if the market breaks support or the naz gives up some of its 25% gain for the year.
It is a game of chicken. A great company, with a great future (expanding into China & world wide), and great name recognition; with price targets to 230+, everyone loves it...but! It has a history of selling off near earnings, it earns pennies per share, and can shed 70 points in 3 weeks. A game of chicken or Russian Roulette? If you wait another day, it may be up another 10 points! If you wait 3 days to long, all profits are gone. Personally I decided to sell all internets into strength Friday. I sold 1/2 at losses. I may have missed the boat but am playing it safe. Wishing all longs the absolute best!!!!Comments? Steve D.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News