Foolish Yahoo hopefuls

I bought Yahoo put options for a 22.5 strike price expiring in July.

Apparently there are enough fools believing a deal with Microsoft may still happen. slowing the free-fall of Yahoo’s stock.  It has levelled out to around 24.90 (down 13.15%).

To see the future of how this Yahoo mess will play out, go to Fake Steve Jobs.

I guess it’s good Yahoo is based down in California.  More tech companies their engineers can run off to.


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