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


To: Eric Klein who wrote (5054)12/24/1997 2:01:00 PM
From: PeterGx  Read Replies (1) | Respond to of 27307
 
<<. If any shorters were that afraid of this tulip, they would already have closed their positions>>

I certainly hope so...

Seems like even the YHOO believers agree that the price is NOT right!

Then the BIG question becomes

*** HAVE WE SEEN THE WORST OF THE SQUEEZE?? ***

is there a real danger of forcibly squeezing the "solid" shorts?
(Peter Futerko: what do you think?)

PeterGx



To: Eric Klein who wrote (5054)12/26/1997 1:36:00 PM
From: Alomex  Read Replies (1) | Respond to of 27307
 
Would you mind leaving this "Shorters beware!" crap off your posts. It's idiotic.

Considering the past few months record, most people would call it "good advice", and anybody who didn't listen to it "idiotic".

If any shorters were that afraid of this tulip, they would already have closed their positions.

That's kind of the point. If they had been more afraid, they would have refused to short at $45. Btw, is there anybody here left who shorted below $30? I remember quite a few of those a while ago.

Anybody who's been around these bubble stocks(ZITL, DDIM, PRST, NSCP, to name just a few) for long has seen the exact same type of posts just before the inevitable fall.

Just like those who were around AOL or IOM as a bubble stock. YHOO is overvalued, and way ahead of itself, no doubt. But this thing has enough momentum to make shorting it a very painful experience; as the tone of your posting can attest (it reads as if you were sitting on a tack).

If you feel so strongly about YHOO, why don't you buy some at the current price and record it in this forum?

Because I too think it is a bubble, but a bubble that will grow larger short term, up to $70 and then correct back to $50-60 range, where it would sit for a while.

Why would you buy such a stock? Why would you short such a stock?

Shorters beware!