Yahoo was downgraded this morning. The downgrade came in after Yahoo had already hit rock bottom over the past few days. This truly was a shameless ploy. Yahoo is being accumulated in my humble opinion. The day started with YHOO already opening low. You can drive a stock lower on low volume by pre-market trading. Stop losses might have triggerd for the brief dip and there on there is a consistent strong buying all the way into the close.
We keep talking about how individual investors are disadvantaged in the stock market. Situations like these are examples of how individual investors will benefit from maniplation as long as you understand the play.
I feel YHOO will go higher from now until earnings.
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