Yahoo (YHOO, $23.02, down $5.65) just opened for trading and the stock is down 20+%. The stock will probably bounce off these lows but I don’t see much of a comeback for Yahoo. The put options are trading higher but the lower put strike prices (22.50 and 20) are notRead more
Yahoo Opens Sharply Lower
Yahoo's May Put Options
Like a kid at Christmas, I almost couldn’t sleep last night in anticipation of what Yahoo’s (YHOO, $28.67) stock will do this morning after Microsoft (MSFT, $29.24) bailed out of pursuing a merger over the weekend. I have been following the May put options on Yahoo for nearly two weeksRead more
Breaking News: Microsoft Pulls Plug on Yahoo Bid
It’s official, Microsoft (MSFT, $29.24, down $0.16) has withdrawn it for Yahoo ($28.67, up $1.86). After going as high as $33 a share, Yahoo held out for $37 which Microsoft simply felt was too high. Microsoft’s decision to walk away from the table came Saturday after last-minute efforts to negotiateRead more
Yahoo For $31?
First Solar Posts Strong Numbers
First Solar (FSLR, $263.35, down $28.64) fell nearly 10% yesterday despite an outstanding earnings report on Wednesday after the bell. The company reported earnings of $0.57 a share on revenue of $197 million. Wall Street analysts had expected, on average, earnings of $0.47 on revenue of $184 million. First SolarRead more
Microsoft's Next Move
Oil Stocks Slide
Market Up Then Down After Fed Cut
Google Still Going Strong
Merck's Meltdown
Merck (MRK, $37.14) has always been a tough stock to trade. It’s an investment in the Drug sector which carries extra risk due to the nature of their business. Drug and Biotech stocks trade on product announcements and development of their pipeline. Once different drugs are announced or “created” andRead more