Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

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Nov 6 4:00 PM EST

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To: tony di fatta who wrote (15210)	11/13/1998 10:12:00 PM
From: Roger A. Babb	Read Replies (2) of 27307

Tony, a boxed position contains the same number of shares both long and short, thus creating a neutral position. Often used by short sellers because a long position is easier to trade than a short position. For example, I have been short yhoo for months, but I balance it with an equal long position when it is going up. Sell the long position when it is going down. I am always either boxed or short, never long. Why? Because one day we will wake up and find yhoo to be worth a fraction of what it is now and I can not predict when that crash will happen. But it will happen.......

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