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


To: Lyle Armstrong who wrote (11689)7/6/1998 6:52:00 AM
From: OtherChap  Read Replies (4) | Respond to of 27307
 
Yahoo's week of doom.

To all the shorters out there- just hang on a few more days and you will be richly rewarded. i've had to cover a few times on the way up but i'm still in for the long haul!

Notice that none of the analysts downgraded yahoo after they warned they would lose money every quarter? Notice how those analysts have not changed their earnings forecasts to go in-line with Yahoo's own press release? Wonder why insiders are selling like crazy? When the downgrades come on wednesday, and they will, what are you going to do when the price drops 30 points in one day? And keeps doing that for a week? :)

Today's trading should be fun. I expect the following: a short dip, followed by a 7 point surge, then close the day nearly unchanged.