Post by
Carlos66 on Oct 21, 2014 4:41pm
multiple expansion
a rerating of YHOO is in order & those remaining institutional shorts who got burned elsewhere when the mkt turned still held on to YHOO because YHOO didn't rise along with the rest of the mkt; well with the CC they could get killed again tomorrow.
positive sentiment by one CNBC guest said that the CEO doesn't really have to do anything & this stk should be $47-48.
Well I don't know about that. There are still some doubters out there. Maybe the CC will announce a buyback although I'm not in favour of them. Call me old fashioned but buybacks are an artificial way to increase earnings. Pay a divy. People are looking for yield. Give them another choice. Grow the business. Buy something accretive not another stale business. Do something with FLKR. It's waisting away under YHOO.
carlos