Buying Yahoo Stock.

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I am in the financial services industry and just steer clear from yahoo for now if you have a shorter term horizon (3 months or so). There are alot better bargains out there with the quick market drop. Yahoo is having some big problems that may take quite some time to work out of.
You can send me a PM if you like.
 
In my opinion it's too risky for a long term play if you are going to buy and hold. It's really close to it's 52 week low and could easily go lower. With the way the stock market is these days - everything is losing value and there are wild swings intraday.
 
Ironic that we've got a stock buying thread happening @ WF, I was just about to post about Dillards (DDS) (330 stores in 29 states)

They dropped 22% today to close at $3.92 .. that's down 84% from the 52 week high.

DDS
2k8 proxy statement

My wife happens to work there so I've been watching it closely. While we've lost a bit of money over the past month, it's VERY close to rock bottom even though retail will continue to be hit with the economy having hard times. Dillards is a company with 5.2 Billion in assets and someone named Dillard has always owned 80% of the voting stock in the company. It was opened at the end of the Great Depression so you know they know how to weather a storm.

I've got a few bucks to dump into it if I desire and can hold on to it for 1+ years easily as the entire rest of the stock market is tanking. They announced they were down 12% from sept 2007 and it's been in a free fall for about 2 weeks. S&P500 announced today they were removing DDS from their list.

I'm seeing them as a company with staying power who can trim some fat during this recession and come out on top.

Anyone with any comments here???
 
Yeah I never use Yahoo to search anything, except movie times, and backlinks. Amazing to see MicroSoft offering over $30 a share. I do have my eye on a couple financial companies I think will survive this melt down and have much larger market share.

Buffet - “Our favourite holding period is forever” So looking for long term.
 
Personaly I think yahoo is a terrible buy. Unless they are getting bought, stear clear, because morons run the company.
 
Yahoo is stagnant. They need a real visionary to step in, but that's unlikely.

JPM ... Dimon's the guy who's buying shit cheap during this shitstorm.
 
i predict their stock will go up when they lower bid prices, fix their shitty interface and stop manually approving every ad. maybe APT will determine their future success or failure.
 
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