Jason brought up a good point:
BTW, those Fast Money guys don’t seem as concerned about disclosing their positions or trading under altered rules like Jim Cramer is.
I wonder why that is.
It’s tough though. If you disclose, your trying to pump/dump stocks. If you don’t, you’re hiding stuff.
I think the reason why the Fast Money people don’t mention all of their holdings is because they are traders/investors. It’s like Buffett where he only mentions things after they have occurred.
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Sunday, Feb. 10, 2008
by Christian
Well it looks like Yahoo rejected the deal. Here is what the board said.
Quoting sources familiar with the situation, the Journal reports that Yahoo’s board feels the offer of $31 per share “massively undervalues” the company. A letter spelling out the position is expected to be sent Monday. Yahoo also expressed concern that Microsoft’s offer does not account for risks to Yahoo should the deal be overturned by regulators.
The Journal source said the company would be unwilling to consider an offer below $40 per share, which would represent a $12 billion increase over Microsoft’s original $44.6 billion bid. It is unclear if Microsoft would be willing to increase its bid by such a significant amount.
So I thought, ok let’s look at the numbers and see what they say from a valuation perspective.
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Sunday, Feb. 10, 2008
by Christian
