shanytc
Long

Alibaba Hype

NASDAQ:YHOO   YAHOO INC
84 5 0
Since Yahoo! holds 25% of Alibaba, ($BABA IPO ) it's possible that Yahoo!'s share price will rise at the same time as Alibaba's.
It's known since months that Yahoo!'s share price should rise with Alibaba. That is why Yahoo!'s share price is already so high.

I think it's a safer bet to short this soon.
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I agree, people are scalping Yahoo, not planning a long term hold strategy.
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shanytc ChartArt
You know what they say: sell the hype buy the rebound. :)
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Lol, that's what people are doing with the BTC consolidation. FML.
+1 Reply
Seems like I was right. :)
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