Let's say all the buyers went away. What's the stock worth then? It's not worth 16 and it's worth more than 12.
I am back into YHOO again as of yesterday. It seems that the selling pressure is gone and we are going to see a strong reversal. Target is $17 but short term profit taking is also recommended. Rumor is that negotiations is atill underway.
Rumors are getting hot and heavy again. Check out YHOO today. Big up in this down day. Maybe wise to get wet a little.