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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: Mike M who wrote (14459)10/7/1998 10:22:00 PM
From: Najib Mehanna  Read Replies (3) of 27307
 
mannnn why do people rip on yahoo for? This stock is obviously risky and obviously very volatile. we all know that it could fluctuate $15 up or down on a given day. I mean everyone that is long and held today hoped for a good number. We don't do the papers for the company, so no one knew for sure what we would get today(in terms of the number).
it is very simple. whoever is bashing on yahoo on this thread is doing so for a reason. he/she is probably short or wants it to dip to get in!! I mean whoever is in this for long is in a no win situation. If Yahoo would of missed then we would of gotten ripped at. if yahoo did good then they would still find something bad about it and rip on us i.e. over priced and so on.

I will agree that we are in a volatile market now and who cares what after hours price is. I wake up in the morning and I see the futures at 15 then I go shower and I realize after that the futures are -4. so to put it in short, you are wasting your time to keep on picking little things out of yahoo to down play the stock. it is a risky stock and very volatile. if you cant handle the risk then don't trade in it. people killed this stock a while back and it split and people doubled their money and guess what, you missed out!
by the way, I just got into this stock about 4 days before earnings. I just had a gut feeling that they were gonna have good numbers.
later
NM
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