SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anthony Ostroski who wrote (6949)1/28/1998 6:32:00 PM
From: Bankceo  Read Replies (1) of 27307
 
The big boys havent sold yet. Major positions have not yet been liquidated. They are waiting for their intermediate term momentum indicators to turn negative (just did today;;by the way). They also will wait for the last day of the fiscal qtr.--This Friday. So the fun is just beginning. This stock is heading to 34 by March 31st. Retest of OCtober lows. Outside of momentum, there is no reason to own a $3 Billion cap stock with no earnings....(Their amortization is bogus--they are actually losing money). And will lose a lot more.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext