YAHOO Earnings Tomorrow (Tuesday)

Discussion in 'Stocks' started by Handsome, Apr 16, 2007.

  1. Damn, should of went with my gut.

    Although I don't think it will open tomorrow morning lower than 29.50

    Fwiw, I shorted WM before the bell at 40.29..bad move it looks like for now...up over a buck in after hours.
     
    #21     Apr 17, 2007
  2. exactly.

    everyone is on board already. too much optimism with super high forward PE pricing the best in.

    at least goog has some upside.
     
    #22     Apr 17, 2007
  3. hajimow

    hajimow

    I don't agree with you. It can bounce back back with a news release.
    My position on YHOO is what I have posted
     
    #23     Apr 17, 2007
  4. YHOO usually doesn't do that. Either it rebounds slowly or not at all. Don't rely on wishful thinking.
     
    #24     Apr 17, 2007
  5. The high PE is what had me watching YHOO all afternoon along with the April 30 PUTS which were at 0.25-0.30 most of the afternoon...I was going to buy 10 of those puts but then saw all the news about the Dow making new highs but yet the advance/decline line wasn't so hot.

    So instead of buying Yahoo Puts, I bought (9) DIA April 127 Puts at $0.30. This is the very first time I ever bought DIA puts (never ever bought the calls before either). I'm just a small fry in this bet but I believe the Dow Jones will decline tomorrow.
     
    #25     Apr 17, 2007
  6. Yep, you called it in your earlier post. Good going!

    Yahoo can eat my grits :D
     
    #26     Apr 17, 2007
  7. YHOO $29.72 at approx 5:05pm
     
    #27     Apr 17, 2007
  8. hajimow

    hajimow

    My gut feeling says YHOO will have a soft landing at $30 on option expiry day. Shorting above $30 and buying it under $30 might be profitable.
    Option play for tomorrow: Sell Naked PUT and CALL $30 for April
     
    #28     Apr 17, 2007
  9. Yahoo got hit with the ugly stick.
     
    #29     Apr 17, 2007
  10. Yep, and I think it's going to get hit yet again tomorrow by the ugly stick as this is not good at all:

    <b>Yahoo net profit falls 11 pct</b>

    SAN FRANCISCO (Reuters) - Yahoo Inc. (NasdaqGS:YHOO - News) reported on Tuesday an 11 percent fall in quarterly profit, missing Wall Street estimates as a new advertising system aimed at clawing back market share from Google has yet to take hold.

    http://biz.yahoo.com/rb/070417/yahoo_earns.html?.v=5
     
    #30     Apr 17, 2007