Yea, but this Facebook this will be bad if they do this. Twice the price of Myspace with not even half of the traffic. Bad decision if it was up to me.
Any good TA'ers out there who can give a read on YHOO? At the bottom yet? I am thinking of selling some Oct 25 puts for $1.
I'm more of a WITSG analyst than a TA. If you like the 25 OCT option play, make it a call(s) rather than the put(s) YHOO is not going south of 24.5 anytime soon. It's bottom here. MS
Edit: WITSG? Too late. I sold a 25/22.5 put spread for .90. If I take the stock I'll just sell covered calls on it. Or maybe I'll sell a 25 straddle.
I think YHOO is not going much south of $25.00 I personally am v bullish on the stock. I just bought $25,000 bucks worth.