Altaba Inc. (formerly Yahoo) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jimbo Cobb who wrote (14880)	1/13/1999 12:37:00 AM
From: Howard Hoffman	Read Replies (2) of 27307

I was out of YHOO. Now I am back in with Puts. We shall see what happens very soon. My strategy now is to see how far the insanity will carry. If for every hundred points up I buy a few puts, I will eventually do very well. Many owners of this stock are so out of touch with reality. Yes. You and many others have made lots of money. But when do you decide to sell? Now at 400? When it goes to 200 you will be kicking yourself. What if YHOO goes back to 100, still a wildly optimistic price for a co. that just reported .21 for a "blowout qtr". How many on this board will still hold profits then? How many will be kicked out by margin calls? The pros are waiting quietly waiting for the bloodbath. They will figure where the bottom is. Wait a bit more, and then buy the shares that are puked up by the burned "investors" that think that share price, PE, do not matter. That YHOO can only go up.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next