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


To: nlam who wrote (24404)11/12/1999 6:03:00 PM
From: Director  Respond to of 27307
 
You're right, I'm guessing too...
but it's different when they state, "Yahoo to announce split Tuesday", like they have knowledge of something inside, when we know they're lying. I said YHOO would not "bounce back to 197 1/2 today", yesterday... it never did yesterday, so I was right. I stand by my post that YHOO is "done" for the next few days. There is NO WAY that the pathetic volume keeping it 196 today will hold it up before options expire next Friday. I'll be here next week to either take my lumps and eat crow... or to then go long in the 160's to 170's. A 7 to 1 call to put ratio means that a lot of shares can be sold and actually save money to the sellers, who then keep their stock and the premium they received for the calls. Watch and learn.