Imagine for a moment being an institutional investor, with a big stake in YHOO; say, more than 100k shares. You'd be ishtting your pants, scrambling to find ways to dump the stock without putting the price down on yourself. You know that headline is coming soon: "Verizon Yahoo Deal Scrapped," or "Verizon-Yahoo deal enters price renegotiation," "according to people familiar with the matter..." or something like that. They're calling YHOO a "Pig in a Poke" that is, they don't really know what they're getting. If there's one thing that investors, board members, and executives hate, it's not knowing the facts. In many ways, it's worse than knowing actual bad news! It's like not knowing a medical diagnosis. Who would buy something like that? Imagine if I was trying to sell you a car, and said, "Well, the transmission might be bad... I'm not sure." In other words, the minute the ink is dry on the sale papers, and you drive it off the lot, the clutch is going to blow out, and you'll get stuck with a huge bill. Like, the legal accountability Verizon will assume for identity theft.
YHOO should stop laying off their engineers and pay them big bonuses and hire more high qualified engineers that GOOGLE is snatching them. The money can come from its highly paid useless CEO's salary.
Goddammit I sat short on Yahoo all day, but never got the move that I was waiting for. I hope that the market doesn't make a fool of me.
...perhaps the expectation that Verizon will renegotiate, and/or scrap the deal, is already incorporated into the current price. There were two sharp downspikes on Thursday.
$YHOO trend break and through 200ma. broke UTL, then went through the 200ma and then failed retest. likely b/d out of d Bearish
Yahoo Japan invests in The Venture Reality Fund Yahoo Japan has invested an undisclosed amount of money in The Venture Reality Fund, which is focused on making investments in virtual reality, augmented reality, and mixed reality. The two firms also aim toaccelerate growthin the AR and VR industries.(Venture Beat)