listen to the earnings call after the close on 1/29. this is what the street has been waiting for at yhoo. a 10% - 20% cut. re earnings, they will meet or beat. if they give good forward guidance and the market isn't selling off, yhoo should be up wed. morning.
oh, i probably shouldn't do this, going against my better judgement to make predictions.......but oh well.... tomm. after the bell in YHOO's earnings call they will not only announce a layoff but will also report a very strong Q4 and will raise guidance. yhoo shorts will be suprised on wed. morning.
But, but.....alibaba, Fast Money guys loves it at $30+. They said it would go so high.....I'll buy at $15 for a trade.
If Yahoo decides to sell, I won't be surprised if a media company comes in to start a bidding war. Things could get interesting.
a P.E. firm was about to make a bid for yhoo this week as well. this will come out soon in the press. yhoo BOD won't let it go easily. it will have to go to a shareholder vote...and that won't happen until June, the next shareholder meeting. yhoo has a posion pill clause that triggers at 15% ownership., the corp. bylaws prevent any special shareholder meetings held outside the regularly scheduled annual meeting in June. a good chance that yhoo ceo and BOD will try to negotiate with the PE firms, now seen as a white knight. even if msft ends up with yhoo in June, it will go for more then the 31 per share offer. mark this post and come back in June.