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: Oeconomicus who wrote (5845)	1/7/1998 3:08:00 PM
From: Rational	Read Replies (1) of 27307

Bob: Let's keep the macro issues aside and suppose (hypothetically) that a Softbank subsidiary buys all the float and all the shares that can be shorted. Then, if this sub places a buy order for an additioinal 100 shares, who will sell since all available shares have been shorted? On very thin volume, the share price can be made to climb; can it not? Both parent Softbank as well as the subsidiary will look profitable on paper as long as Yahoo! price stays high. Unless, Softbank cracks open, Yahoo! will then unlikely to collapse. [This was my hypothesis when I first posted here and continues to be the one in my mind.] What do you think? Sankar

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