Yahoo buy point

C

Comptalk

With the recent YHOO announcement, do you think it would be a calculated gamble to enter at the bottoming point? Say around 25.00? I was in at the last time they dissapointed a few weeks ago.. Is this another possible buying oppertunity?
 
Bought at 25.15, sold at 25.90. Not bad for three hours worth of work. there is a lot of play within YHOO and EBAY. Just need to find the buy point and take a little risk. You get nothing for nothing.
 
Quote from NYSEscalpa:

YHOO is a piece of shit...
More...

LOL, after today, I agree with you. I watched that stock all day long. On a good note, I called the top in aapl at 75.44 down to 74.66, but for some reason I chose to do nothing. Oh well.
 
I played around with Yhoo and Ebay made a little and lost a little. In the end I broke even. With no true upside these are day trading swingers at best.

Too much competition on the market for both now.
 
Yahoo's generated a lot of its earnings from selling investments in other companies. When you back out earnings from operations, you get Google-style valuations. Except Yahoo doesn't generate operating earnings growth remotely like Google's. Google's way overvalued - I can't see it generating half as much earnings as a Cisco, but its market cap is within 10% of Cisco's. Bottom line, Yahoo is even more overvalued than Google, and that's saying something.
 
You must log in or register to reply here.
Back
Top