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: Original Mad Dog who wrote (15587)	11/25/1998 6:19:00 PM
From: HG	Read Replies (1) of 27307

MadDog, the rationality debate.... It was like Shakespear to me but eventually even I understood it (I think!). Agreed rational irrationality is itself rational. YHOO buyers are rationally irrational IMO. Why am I buying now when I know there will be a correction ? Because I know a lot of people will buy nevertheless. All others think the same as well. Isn't that rational irrationality. And isn't it winning again ? Its exactly like the shoe pounding episode - the bears and the shorts cannot call my bluff. If they do call my bluff, I have nothing to lose - and they have everything to lose. So I can afford to be irrational while they can't. Hence the winning streak. Re: prisoners dilemma - If I had held, the stock could have tanked in the short term and I would have to hold the stock till it recovered - then I would have to find alternative sources to fund my house. If I had sold all/most of it, it could have gone higher and I would have lost the additional profits. Does this qualify for the dilemma ? Does this make sense at all ? Could it be that you are long now ? You certainly are more interested in the stock than many longs would be.

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