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


To: Junkyardawg who wrote (26352)1/24/2001 3:34:21 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 27307
 
It doesn't make sense to you because you don't understand the market and the market participants and the context with which I am providing my opinions. IT'S ALL ABOUT CONTEXT.

Every stock is tradeable. If people think they have enough time and resources to day trade these stocks, by all means do it. I think the last one year has wiped out many of these so called "Ameritraders," but every once in a while you'll get a schmuck who called the bottom. I mean if you keep crying wolf everyday, eventually the wolf comes. Go see my history on stocks like WBVN and ETYS and even AMZN. Heck, even YHOO back in the 100's or CSCO in the high 60's.

If you are telling me that you successfully and profitably traded stocks like YHOO or AMZN on the long side over the last 50 weeks, then more power to you, please send your audited results.

The point is if you are a TRADER, and you bought YHOO at 25, and sold it today, then GREAT and let's see you make money on that strategy on a consistent basis. If you are a BUY and hold person, and you're telling me that YHOO will stay above 25 and not drift into single digits within the next 12 months, then you are WRONG - in my opinion.

My analysis is based on long-term trading and not short-term swings. I am happy to provide short-term analysis for anybody who asks.

Max upside on YHOO is 50. I'd be building a short position on any price above 45.