Originally posted by: Lothar
Originally posted by: Marlin1975
This be a good time to short yahoo. It will take a nose dive, when they reject the bid, close to the price it was before micrsoft made their offer.
Probably already too late.
This news has already been priced into the market and everyone on Wall Street already knows about it.
Assuming Yahoo's stock drops 30%(back to the $18-19 range) in pre-market opening tomorrow, do you still plan to short?
If you do, your orders is more likely to be executed in the low $20's than the $29 range where it is now.