YHOO: going anywhere soon other than down?

By | January 27, 2007

Well, after a nice bounce on Yahoo!’s earnings news, it’s beginning to look like my exit point on YHOO was a good call. If I had been a trader, I could have made 5% long and possibly another 5% going short on YHOO! Oh, well, I don’t think it’s worth it to trade like that, at least for me.

In general, though, several stories suggest that there are serious unaddressed problems that are not being properly factored into the price.

Disclaimer: I’m looking to purchase YHOO stocks at something like $24-$24.50. I recently sold, and expect some softness here!

Author: InvestorBlogger

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