Stocks are sometimes said to be priced for perfection. Yahoo! is just priced. For what we cannot be quite sure.
With the stock trading around $14.85, Yahoo! seems ripe for another rumor of a deal to sell its Asian assets for untold billions. Or ripe for something else to happen…
Maybe Dan Loeb from the hedge fund Third Point is getting ready to vote his shares to help remove those board members.
Could enforcing patents that Yahoo! owns stop Facebook in its tracks? Could this be the new revenue stream for the company that has been losing search share to Google and Microsoft?
All I am saying is there is a lot of moving parts to this story, and each time the stock sinks below $15, there is a rumor or an news release or something else drives the stock closer to $16.
The agreement that new CEO Scott Thompson has with the company states that he will get a large number of shares after mid-March, an indication that no deal will be done until then… but one never knows with Yahoo!
Think this is the time to make a quick buck on Yahoo!? Let us know!
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