The short interest in Yahoo! (YHOO) for January rose almost six million shares to 84.1 million. That’s a not insignificant bet that the stock may drop.
Yahoo!’s new Panama advertising system will be out early, and the internet portal can offer a better alternative to its larger rival Google. Yahoo!’s comments about the release of the new service drove its stock up when the company announced Q4 06 earnings.
But, skeptics still think that Google’s (GOOG) hold on the text ad market may be too hard to break. IF there are any early indications in February or March that the Yahoo! program is not being well received, the stock could take a nasty tumble.
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
