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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: LRS who wrote (9246)4/7/1998 11:13:00 PM
From: OtherChap  Read Replies (2) of 27307
 
>and an early congrats to the shorts!

thanks, but lets wait until after earnings to celebrate. even if they do show a modest upside surprise, it wont help this stock. You can bet every penny you own that all the major hypers of this stock, ie CRAMER on thestreet.com, have bailed out of their positions by now.
all the short squeezing MM manipulators are gone as well. this blimp is filled with hydrogen just like the hindenberg, and it's going to go down in exactly the same style.

yahoo will announce a stock split, but it wont help at this point. the price rose too quickly too fast, and has gone into realms of absurdity not seen since PressTek.

I have never felt more confident about a short position in my life. If you will recall last week I shorted the stock at 98, not quite at the peak but close enough.. I invested every penny I had, leaving only a small amount of upside potential in my margin balance to keep me from getting a call should it rise a bit. (the call would have been made at 115, btw)
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