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


To: Oeconomicus who wrote (7626)2/26/1998 1:23:00 PM
From: TheBigB  Read Replies (2) | Respond to of 27307
 
Today's rally is fueled almost entirely by a large number of small players buying small lots - or so it seems. The number of trades is way higher than usual. Some big guyis continuing to feed 10K, 15K blocks every hour but not nearly enough.

Wonder if they will let it climb to 66,67 again and then disinvest ?

YHOO is a dangerous stock to short - that's for sure - a nice little slide and then just in time - yet another press release. (In case you haven't heard Egghead will sell SW on the YHOO site)



To: Oeconomicus who wrote (7626)2/26/1998 5:36:00 PM
From: craig crawford  Respond to of 27307
 
<< Why would that lead you to believe the rest of the shorts will capitulate? >>

Because the market is going beserk and shorts should have known that it was only a matter of time before YHOO joined the party. YHOO joined the party today and shorts are going to sweat, scared about the stock split soon to be announced. Can you imagine what will happen to YHOO when they announce the stock split?

AOL like squeeze all over again.

<< Actually, I think many more have capitulated since the 13th, but there was plenty of supply to meet their needs. >>

Looks like that supply is drying up.

<< What is 166? Your new target? >>

All in good time. 86 will do for now. The whole psychology of YHOO just shifted in the buls favor.