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: Michael Collings who wrote (7652)	2/26/1998 8:38:00 PM
From: Rational	Read Replies (1) of 27307

There must be some other informed trader (IMO) who knows that April is the month, which fits well into my belief about a Softbank subsidiary trading. This trader must be knowing the change in the Japanese law effective April 1998. That Softbank is having a losing subsidiary (registered in some Island nation) is a known fact; that this subsidiary could be trading is my speculation. IMO, this informed trader is simply writing April 40 calls whenever there is an upward momentum, forcing the option specialist to hedge by shorting the stock. I am not sure that MMs are playing here; they must be simply responding to market forces by shorting enough shares to hedge their risk. THIS IS NOT A PROMOTION TO SELL/BUY STOCK/OPTIONS

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