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


To: Bill Harmond who wrote (7981)3/7/1998 11:12:00 PM
From: craig crawford  Respond to of 27307
 
I was referring to making 10,000 share purchases, not short sales. Their financial capability is the same for either trade though.

<< From the trades BigB posted, it looks like it costs an automatic $7,500 premium to cover that size at market. That's a couple weeks at the Paris Ritz. >>

So? $7,500 is only 1% on $750,000 (about 10k shares worth). If YHOO goes up or down 7 or 8% every day what is the problem with losing 1% due to having to unload some size?

<< I can afford to take a 10,000 share long position in Yahoo (and apparently I'm only one of a handful informed Yahoo bulls in the world), but no way. That's too much. There are too many other fish. >>

You do? I certainly don't. Let's do lunch. I have a business proposition for you. You loan me $200,000 and I will will deliver you a safe 50% return in 1 year or less. Possibly a 60,70,or 80% return, but 50% should be easy.