shanytc
Long

Alibaba Hype

NASDAQ:YHOO   YHOO
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.
Seems like I was right. :)
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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.
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