Everybody knows that I bought a small amount of shares of YHOO in September, when stock broke the downtrend. Since then, I continue increasing my position when any Pull back occurs. I know that most of you don’t like to play in YHOO, however it seems clear that value of the company is increasing day by day, and Alibaba.com must have been one of the best investments already made by this company. Well, Presently, Yahoo owns 39% of Alibaba.com and the stock is poised to IPO at HK$13.50 on Nov 6th ( next Tuesday ), and I’m completely confident in the Chinese aptitude to overvalue Alibaba.com in a question of sessions, which will produce for sure a great value for YHOO, it’s my point of view, so this was one of the major reasons why I entered in stock. At this moment I hold on my position in YHOO.
Interesting article that I found on Smart Money today "Want a Piece of the Alibaba IPO? Buy Yahoo" - Check this out !!!
YHOO nice setup on Friday !!!
Started by
Costa
, Nov 04 2007 08:37 AM
3 replies to this topic
#1
Posted 04 November 2007 - 08:37 AM
Costa
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#2
Posted 04 November 2007 - 09:26 AM
Not that it's going to happen....but just pointing out the possibility
http://stockcharts.c...1645&r=2349.png
http://stockcharts.c...1645&r=2349.png
#3
Posted 04 November 2007 - 09:43 AM
yhoo
current trend to 29
vitaminm