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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Jim Patterson who wrote (2381)11/4/1997 8:10:00 PM
From: damniseedemons  Read Replies (1) of 27307
 
Shorts,

Why is shorting YHOO seen as a badge of honor? That's what I don't get. You guys have been bearish for a very long time, and the more the stock goes up, the more you dig your heels in.

Personally, YHOO would be just about the very last stock I'd short. There are better stocks in the market which would make for better short plays, as well as market hedges. Instead of being stubborn about YHOO, some of you might want to look elsewhere.

>I know every one has heard the overvalued argument and they don't seem to care very much. My responce to that is that those people have never lost the argument with the Market.>

Looks to me like the shorts have been losing the argument.

>The folks trading ASND are loosing the valuation argument as we speak.>

ASND was heavily shorted since it IPOed. It went up, what, 8000%? Since then it's come down a lot, but it's still actually one of the better gainers [overall] for the past 3 years.
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