I still think that the bid for YHOO might not go through and YHOO plummets back to the 20s area. In the long run I think if the merger happens, it will have rewards, but what about the short term? Will heavily diluted MSFT profits for the next several quarters or more be worth the short term gains? That's the question mark I am playing. I don't think it is, so the bid being withdrawn is not out of the question still. Anyways, small amount of risk on my end, so here goes:
Buy to Open: 100 puts of YHOO March 20 at 0.04
--Kevin
Wednesday, February 20, 2008
Still Not Giving Up on YHOO
Posted by Kevin Lam (Impacta LLC) at 9:47 AM
Labels: Investing Journal - Kevin Lam
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