YO YO YAHOO!!!!Well Yahoo CEO Marissa Mayer is doing an OK job but the stock are doing pathetic. From Dot Com Bubble crash til now it is struggling for sure. Even though it's making lil by lil higher high like one in 2005 and other in 2014 and it this trends goes on probably we may see another high in 2023? Just Kidding.
So from year 2000 high if we draw a red line we can touch it with 2014/2015 high Also the current price is near to touch that red line. So to me it will be a good time to short sell the stock around $45 or so. Don't know how that will impact if Yahoo YHOO wants to buy Twitter TWTR. But next stop may be around $30 or in long term $20. Well if the company really does bad then we can see sub $10. Let the market do what it wants to do and let us follow our master THE MARKET & THE PRICE.
Yahoo may not be as fat as YO YO MAMA. But there are some Adult (R) jokes here for fun while trading
www.laughfactory.com
Salesforce
GOOGLE 2 GET A GOOGLY SPINProbably GOOGL topped out around $820. Once a TWTR TWITTER thing settles down we can get a clear direction where it is heading. But if it has been really topped out then we can look for short side play. So wait for next few weeks/months. but a pattern is developing and it is in a very early stage. Google CEO Sundar Pichai NEEDS TO WORK HARD LITTLE BIT MORE WITH HIS GLASSES ON. When companies grow large, yes sometimes it is tough to maintain several portfolios. It needs to streamline.
How GOOGL will play out? Well first it has to break $680. Then next target is around $550. The next one is around $300 zone. Let see how it is playing out for next few months. Charts will be updated later. But a good candidate to keep an eye like APPL.
WHY BUY TWITTER???TWTR , a big name in social media. But who wants to buy Twitter and why? Well what ever the reason is I am not buying it as it doesn't make sense to me how a general everyday service product should have such high valuation? I would but TWTR if it's under $10. Actually let me take it back. My valuation is around $1-$3 at best. Because Twitter didn't add value other then just like news media but more like in a personal level. But it didn't change significantly either. Also think it has more opportunities to work in collaboration with GOOGLE GOOG rather just buying out or selling out the whole industry. It can work out in conjunction to Google Hangout out. But better future of TWTR is with FB. It would be a great tool if FaceBook can buy it as FB already has so many user which functions almost like twitter. You should also see CRM SALESFORCE too, as a short candidate. I will publish a chart on Google too soon.
Ok guys, other then random thoughts let you know that when it reaches the upper read resistance line around $30-$28 or below, then it will be a good are to go short again with TWTR
I hope when I am going to twit this post, Twitter is not going to take it off from my post :)
Who wants to sell Salesforce???CRM Salesforce is gone. Even though it is trying to buy Twitter but don't think it will be successful as Goggle and other hungry birds are out there. Even if CRM buys twitter still there stock are sale because it's a falling knife. And if there is a bounce that means more to upload with short side. There are 2 green support lines from 2009. One has around $60 as a temporary support but think it may well go down to $30 zone which is a second green support line. But if it breaks that line then it may go well below under $5 if CRM cant fix revenue streams and profits.
$CRM Bounce?CRM is currently leveling out around the $73 mark. The past pull back was only to $73. This is a key level of support for the stock. Also, the MACD is curling and could break through. Either way this is a key level. Bounce = Buying opportunity, Drop = wait/selling opportunity
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