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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Post by MiningMonsteron Oct 02, 2011 10:08pm
348 Views
Post# 19110099

Bounce coming

Bounce comingAs Pinecone pointed out,  Friday was the last day of quarter end reporting for all mutual funds to get Yellow Media out of their portfolio's before they had to show the world that they were holding it in their fund (not good for marketing), so you saw YLO sold down to unnatural levels because of the short-term incentive to dump the shares.  Nothing but upside from here IMO.  Sophisticated shorts don't hold over the weekend so you can ignore the illiterate morons that are having an anxiety attack posting negative comments over and over.  There is zero incentive to sell at this level given that the shares are trading at 0.5x the most conservative 2012 CFPS numbers there is nothing but upside. GLTA
Bullboard Posts