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: Frank Z who wrote (9669)	4/9/1998 5:12:00 PM
From: slipnsip	Read Replies (3) of 27307

Didn't wait till Monday. The shorts will be getting margin calls on Monday. Heck, the online brokerages are probably setting up teams and bringing in temporary workers to help with the huge volume. This stock was up over 18% today. Monday, Tues, and Wed this stock will continue to go up. The MM's will keep it going. The funds managers need this to help performance. Who will be left standing when the music stops? All the individual physchos holding long. Somone made a reference that every broker and his brother is having grandma buy the internet stocks. I hate to disagree, but most brokers are pretty bright and are not touching this thing at these levels.. They are probably begging people to get out and at the moment probably have egg all over their faces as it continues to rise. Seen it to many times. Plan to go short again end of next week. Inflows should slow down as the rush to pile money into IRA's 401k's etc reduces the massive inflows of cash going into funds at this point. Not to mention taxes do on the 15th. This is my percieved catalyst for the next leg down for you YAHOO's...... Today has gotta qualify for a blow off top. I can only hope that they do announce a split Monday so I can short it when the mania subsides... See ya Thursday...

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