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Thursday, July 30, 2009

RIP Yahoo

First let me say that Yahoo Finance is one of the best resources for individual retail investors. Also, Jerry Yang should have taken the deal last year but founder bias played a major role. Okay with that out of the way Yahoo has sold there earning generator and might eventually be bought whole for pennies on the dollar. Yahoo has very little upside and plenty of downside in this deal. They were better off trying to partner with a web browser like Safari or Mozilla than selling the soul to Microsoft. But while it seems like shorting is common sense, I would wait. I have been repeatedly shocked on how Radio Shack is a going concern, so consenus may be wrong. They just might pull a Lazarus.

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