SI
SI
discoversearch

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) -- Ignore unavailable to you. Want to Upgrade?


To: purecntry5 who wrote (4931)12/23/1997 1:29:00 AM
From: damniseedemons  Respond to of 27307
 
I am an unhedged long, and I'm >5.0 years old.



To: purecntry5 who wrote (4931)12/23/1997 3:47:00 AM
From: Don Roberts  Respond to of 27307
 
To ALL: YHOO chart looks like a breakout to me ... also it reminds me of ZITL last year ... everyone remember that?!? It had strong resistance around 30, and very high short interest, and shot up to about 70 before collapsing on Dec. 31st. ZITL ran up on a short squeeze, and also I believe that many shorts covered for year end tax loss purposes. I believe that a similar thing may happen to YHOO, so put in a limit buy order at 65 ... I see lots of shorts covering in the next week or so to take the tax loss. We will see ...

Happy Holidays to All.

Don