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


To: Glenn D. Rudolph who wrote (14734)10/14/1998 4:55:00 AM
From: Vincent Chong  Read Replies (1) | Respond to of 27307
 
Glen,
Your point is well taken. I am neither bullish nor bearish on this stock. The reason is that it is futile to hold any opinion on this stock. Long term Internet is the place to be but short term there is so much risk given the economic turmoil. Plus the liquidity does not allow a a good short position to warrant the risk. If one watches the ticker, you can see not many people are willing to sell this stock and as a small investor, I don't know who I am dealing with. Therefore I thought of my option strategy which cuts some reward and most of the risk. Basically the strategy I mentioned trades on the volatility alone and forget about the long term movement of the stock but with a bias to the down side since I cannot justify the valuation of his stock. JMO. By the way I don't trade this stock. I was just responding
to one of the post.