Price/Volume Trader Alert: Yahoo! (YHOO)

Posted in General, pre-market  by: admin
November 18th, 2008

Jerry Yang has stepped down as CEO of Yahoo! (NASDAQ: YHOO).  Some CEO departures are bad, but this is good.  He will Chief Yahoo! again, but everyone knows what a Yeah-hoo he is as a destroyer of shareholder value.  Shares are up 12% at $11.90 on over 1.8 million shares with under 5 minutes to the open.

Good riddance!

JON OGG

NOV. 18, 2008

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