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


To: Oeconomicus who wrote (5678)1/5/1998 2:14:00 PM
From: Rational  Respond to of 27307
 
Looking at the trades (large buy sizes and small sell sizes), I sense that there is a great deal of shorting by relatively small players (or that only small lots of shares are available for shorting), while the big player is picking up the shares which are then made available to the shorters.

It seems to me that an absolute majority of investors are convinced that the helium is leaking from YHOO and a full descent to the fundamentals is just a matter of time. I am suspecting that one who is trying to keep of the price at this level will suffer HUGE trading losses, contrary to the expectation that he could continue to sqeeze short-sellers.

As I have said quite some time ago, an important promoter of Yahoo! has seen his parent company (Softbank) stock price plummet to the fundamentals: about half of the IPO price; In Japan balloons burst faster than here because Japanese have better experience in keeping the Nikkei at the same level for 10 years; despite strong price performance by a number of good companies like SONY in this index.

Softbank or someone in the WS must have been thinking that she could use Yahoo! as a virtual money machine!!

Goood luck to every one on your investment!

Sankar