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: aiowpy who wrote (995)	7/18/1997 7:50:00 PM
From: David Shie	of 27307

There were no large blocks (7,600 being the largest) which traded today. I think YHOO has simply dropped a few points over the last couple of days and some of the shorts decided they've had enough anxiety and covered, keeping the stock price afloat. Just a guess. However, the closing pattern was bearish, given that the price dropped from a high of 48 3/8 to 46 7/8 in the last 20 minutes of trading. I believe even if the stock were on an upward trend, we should still see 40-43 before any more significant upswings. Good trading, David

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