Saturday, May 3, 2008

Mr. Softee Pulls Yahoo Bid

What a nice trade long MSFT short YHOO would have been. There were some pretty nice option strategies on this outcome that I chose to ignore. Well, can't get them all. The street hated this deal from day one. MSFT is free to move higher now and YHOO is free to-----freefall.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.