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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: The_Guru_00 who wrote (16644)12/31/1998 4:23:00 PM
From: oldcrow  Read Replies (1) of 27307
 
But the employees will have had insights into the dynamics of this quarter's revenues.... no way in hell will they miss out on the rally to earnings.

BTW,

we had 14,712 non-blocks (avg = 302/trade) avg has been ~345-360/trade
and 10 blocks (avg 13,200/trade) avg has been nearly 30,000/trade.

What we had here was classic low-volume selling by the wee-little scared guy who believes there is a bubble about to burst.

Never mind that YHOO will report excellent numbers
Never mind that AMZN will report blowout numbers
Never mind that YHOO will split
Never mind that YHOO will be entering into 99 as a red tag
Never mind that YHOO stands to be added to the S&P
Never mind that YHOO stands to team up with media super power...

Never mind any of that...

Every time headlines show up about forthcoming doom and gloom a mysterious thing happens...the net stock involved goes down 15-25% but then, for some reason, it always seems to go back up 50-75%.

I wonder how much bear pelts are going for this time of year? :)
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