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


To: Smart Investor who wrote (15152)11/12/1998 11:55:00 AM
From: stock_bull69  Read Replies (1) | Respond to of 27307
 
I disagree with your opinion about holding YHOO long term. I had some extra cash (less than $10k) in my IRA and bought 100 shares of YHOO in August on one of it's dips at $79 5/8. I have since placed STOP LOSS orders to protect the gains I've made. Currently my stop loss is at $159 3/4 and if the stock ends up higher than $175 today I will revise it upward. This way I am protected against a drop of more than 10% and I'll keep the 100% plus gains I've made.



To: Smart Investor who wrote (15152)11/12/1998 12:26:00 PM
From: robin 187  Respond to of 27307
 
SI,

Do you feel that YHOO is a good short right here? Or wait for it to move a little higher? TIA

Robin



To: Smart Investor who wrote (15152)11/12/1998 1:01:00 PM
From: Mac S. Giballa  Read Replies (2) | Respond to of 27307
 
Hey Smart, we're flying again. Holy God, I think we're gonna hit $200 today. You're short position will be in jeopardy shortly, ouch, you've already passed your limit for 1998 tax losses 100 times over.
Oh well.