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


To: Mama Bear who wrote (2423)11/5/1997 6:25:00 AM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
>>I have been in a short position (either puts or common) since the stock was ~56. It has gone up a lot since then, hasn't it?

Barb! Barb! Barb!

56 was a terrific entry point for sure, but you've still been losing money for the last week at a rapid clip.

Yoday's advance was very powerful, and the volume you were waiting for was certainly evident. You could wait for further confirmation, but todays trading convinced me that Yahoo's uptrend will continue over the long term.



To: Mama Bear who wrote (2423)11/5/1997 6:37:00 PM
From: damniseedemons  Respond to of 27307
 
Barb, I don't know about you specifically. I was just talking about the thread in general. It's as though it's something personal with YHOO.

I think ASND was relevant (and I didn't bring it up, anyway), because all the bearish/short arguments were made ever since the company went public. The stock went on to gain 8000% in the fact of all that. Now that it has crashed, finally, that only makes people short since 1997 correct. All the others were wrong all the way.