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 (25204)1/11/2000 8:10:00 PM
From: Nelson Chang  Read Replies (1) of 27307
 
A few points.

1) Understand earnings yourself by going to webevents.broadcast.com for their conference call. If you get earnings just by reading the media hype, you will be subject to media bias.

2) YHOO earnings press release at biz.yahoo.com . YHOO actual = $0.19 vs $0.15 estimates. YHOO rev = $201 million vs $185 million estimated. The whisper number is somewhat irrelevant unless you are strictly trading on that number.

3) YHOO afterhours at gritch.isld.com . The majority of trades were 5-100 shares as are most after hours. As a result the indication isn't very reliable. But trading after hours did stabilize around the $380-385 level.

4) According to the conference call and analyst reactions in the Q&A session, YHOO earnings were solid. More so than ever. More likely that institutions will be trading YHOO according to the Fed rates since YHOO is now part of the S&P, rather than solely off these earnings.

5) Wall st rarely plays out the same story in the same stock more than a few times. YHOO has tanked after earnings for the past several quarters, I'd be wary to believe it would predictably do the same again.

Good trading to all, and do yourself a favor by limiting yourself to these msg type boards. Believe me, 98% of the material here does not help your trading.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext