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Yahoo (YHOO) dives on Monday

 
 
Reply Mon 5 May, 2008 01:18 am
On the off chance that a Yahoo shareholder here doesn't yet know, Yahoo stock is going to drop like a rock on Monday. The Microsoft deal fell through (at least for the foreseeable future) over the weekend and the stock is going to fall (by up to 25% by my estimate) on Monday.

I don't have a dog in this fight, so anyone else want to make a prediction on how much it falls? Mine is 20-25% by the end of the day.
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Type: Discussion • Score: 3 • Views: 3,056 • Replies: 3
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Robert Gentel
 
  1  
Reply Mon 5 May, 2008 01:33 am
I just read some pundit guesses and found a poll. Have a look:

http://dealbook.blogs.nytimes.com/2008/05/03/guessing-yahoos-opening-stock-price/

http://www.quibblo.com/quiz/1vcNRhy/Where-Will-Yahoos-Stock-Close-End-Of-Day-Monday


I still say 20-25%.
0 Replies
 
dyslexia
 
  1  
Reply Mon 5 May, 2008 07:43 am
In the opening minutes of trading, shares are down $5.64 at $23.03. Shares closed at $28.67 Friday, when investors were hopeful about a deal.
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Francis
 
  1  
Reply Mon 5 May, 2008 07:47 am
I see it down to 17.00/18.00 $...

(In the next two days)...
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