How many times are we going to see headlines like this about Yahoo Inc. (
NASDAQ:YHOO ) laugh out loud?!!! Reports: Blackstone, Bain mulling joint Yahoo
bid YHOO Up 5%: Alibaba Might Offer $20/Sh, Says Bloomberg Alibaba seen ready to
trump Yahoo bidders As a swing trader I love stories like this and Im constantly
hunting for them to build wealth in my account. Ive gamed the YHOO buyout hype
before because like all good fairy tales by the Grimm Brothers it attracts a ton
of readers but NEVER COMES TRUE ha!!! Seriously how many times have we been down
this road with YHOO? Yes maybe it will come true eventually but swinging the
hype can make you more money than buying and holding the first time it was
reported. Youre crazy if you dont see how Wall Street is one big pump and dump
and EVERYONE is in on it. I told you on Halloween this would happen again . Wall
Street likes stories and big media needs them to attract readers and make money.
Like a first grade teacher with her students huddled up tight listening to some
of Grimms best fairy tales I can see traders starring at their Etrade platforms
believing every word. Again, what do I care if its true or not though, Im just a
swing trader looking for stories like this to make money over and over and over.
Heres a blog post and trade I did the last time YHOO was making headlines like
this . So anyway, while YHOOs market cap of $20 billion doesnt fit my new swing
trade target $100 $300 million I want you to understand stories like this are
great for short term longs and then when it fades which it will you short the
heck out of all the disappointed kids who just found out Santa doesnt exist.
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