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

To: bobby beara who wrote (9691)4/9/1998 8:08:00 PM
From: StaggerLee  Read Replies (1) | Respond to of 27307
 
Yahoo's earnings could have been 1000% higher and the stock would still be overvalued by every single fundamental measure. (If anyone disagrees, I'd love to hear the reasoning.)

This stock didn't rise from an extra $.04 in earnings. It rose on momentum in a manic market environment, coupled with a massive short squeeze. That's all. If you're truly a long term investor, it's time to short more.



To: bobby beara who wrote (9691)4/9/1998 8:41:00 PM
From: Howard Hoffman  Read Replies (1) | Respond to of 27307
 
<<Wave 1 equals wave 5 in price movement. (common in Elliott), today's panic buying spree was the creme de la creme.

I guess we will know in the next few weeks. Since this thing trades on momentum and not fundamentals, you wonder how much more vertical the legs can get, if it is still to maintain an uptrend.>>

Not being familiar with this form of analysis, what exactly are you saying?


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