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: Bill Harmond who wrote (7448)2/18/1998 1:12:00 AM
From: TheBigB  Read Replies (1) of 27307
 
William
I am entirely with you on this atleast as much as BankCeo/OtherChap and a few other shorts seem to jump up and down with every day's movement.
Clearly this stock has a bunch of more strength than it did last November/October.

However, the fact that YHOO was merely down 50 cents doesn't mean much.
Some one met the ask time and again towards the close - and in fairly small trades. Almost like there was an attempt to push it back towards 65. This could either be MMs due to some Options activity or simply institutions keeping the stock afloat as they sell.

As I have already told you in private communication. I believe that Fidelity is key to this stock. If Fidelity sells off, it will settle lower. Otherwise, there is enough support to keep it from sinking too soon.

I think that what happens after this friday and then again after all the insider stock has dried up is key.

I expect some fall off before earnings as well since we don't know if advertising and commerce revenues will keep up at the same level as December. I already see a lot of non-ad pages being shown on YHOO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext