This post was just published on ZYX Buy Change Alert.
YHOO is being sold aggressively in the wake of less than expected revenues of BABA. YHOO has a major stake in BABA. This stake will be spun off later this year. In our analysis BABA is likely to buy the spinco. After the spin off, YHOO is likely to be sold.
This is a long-term position. Consider accumulating up to 40% of the full core position size in the zone of $37.50 to $42.52. It is trading at $42.04 as of this writing. Target zone is $58 to $62. Mental stops below $35.
You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO PAID SERVICES.
Please click here to take advantage of a FREE 30 day trial.
Check out our enviable performance in both bull and bear markets.
