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: Peter Church who wrote (25357)	2/10/2000 9:10:00 AM
From: Jan Crawley	Read Replies (1) of 27307

Hi Peter and others, thank you all very much for the nice comments. I shorted Yhoo on Tuesday at $376 1/2, but just 200 shares and I think that I am going to be able to hold it for a while. I am also pending to buy 10 March-320 puts for $4 1/2 but it still has a long way to go. Those are sorta my L-t(30 days) yhoo plan. The short-term ones, I guess will be the swings before/after the valentines and the Feb-options. My thoughts re-Yhoo; 1. On the eve of Yhoo's S/P inclusion, Yhoo closed at $280. The estimated shares needed for the idex-purchasing AT That Point(based on $280) was around 19M shares. (however, the inclusion had already been announced/expected for many days and most the idex shares would have been purchased. But as the price of Yhoo keeps going up and index-demand was trying to keep up.) 2. Yhoo's float was 106M shares, short interest was 18M shares, the additional demand pushed shorts and MO players and Yhoo to $500. We can picture the demand/supply curve then. 3. Now, 50 days later, is Yhoo still moving along the old curve or will it shift? I was busy with my day-job but will stay with the mkt all day today. :) Premarket, 13K volume at $363.

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