YHOO: Looking Less Stupid About Yahoo This Morning

A while back I complained that several stocks I had been bearish about had gotten boosts from takeout offers. Namely, Diebold (DBD), Delta Airlines (DAL) and Yahoo! (YHOO).

Delta stock finally broke down, and then agreed to a merger at much lower share prices.

Today I look less stupid about Yahoo, though the stock is still up 5% from the date of my bearish article, compared to a 4.3% decline in the S&P 500.

So that’s two down and one to go.  Each reduction in my apparent stupidity is welcome.

Disclosure: At time of publication, William Trent has no financial position in the companies mentioned in this article.

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