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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Dryer who wrote (23224)7/23/1999 8:15:00 PM
From: -  Respond to of 27307
 
I would agree that YHOO is in a bear trend...albeit in the short term (since April 7). The stock's chart shows clearly the downtrend... I wouldn't call it "major", but this stock has been hit very hard, and is unable to establish a clear trend...it is a stock in trouble, no doubt, because with the P/E it carries, without a trend it becomes vulnerable to manipulation, short-selling raids, etc.

Both investing and trading styles are valid, we should be open-minded to those that employ either style on a thread like this. Investors should realize that YHOO is a great stock to trade, because it's so volatile. And, that it's possible to make much larger returns by actively trading the stock, compared to investing in it. That is a simple fact! Which is how it should be, investing requires much less effort and investment of time.

-Steve