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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: Alomex who wrote (5011)12/23/1997 8:28:00 PM
From: saber hormi  Read Replies (2) of 27307
 
Remember... this stock just split 2 for 3. It's now worth exactly 100 a share pre-split. Amazing !!! I got lucky I covered and cut my losses during October crash. It's up 30-35 points since for no apparent reason. I'm tempted ("everytime I try to get out, they pull me back in":)) to get back in but this time I'll wait until I see some "kind of deterioration"; something that'll really put pressure on it. But again what? and when? There is no colleration at this point between YHOO and the market, Asia or Bonds. Earnings?... maybe, but then we'll have to wait 4 months for that, in the meantime the beast will probably gain another 30-50 points.
Having say that, and assuming there are lessons to learn from the past I think that the "safest" time to take position or add to it (short side of course) is right before the earning release.
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