i went pretty big on yahoo today. i’ve been wanting to own them for a while to make a macro bet on CPM ad rates going way up over next few years and since they got wacked 20% today for failing to keep up on CPC rates it was a fitting time to get in.
i am listing yahoo as a BUY (that is, i bought it as opposed to how wall street creates a BUY which is either they bought it previously and are now selling or they dont have a clue but want the banking business). my price was 25.55 and 25.75. since it closed at 25.20 you can get in even cheaper than me.
i think yahoo is a well run company and the best pure play bet on internet media you can find. i dont care if you buy it since none of you are rich enough to move the stock, but let me know if you do:)