On May 20th, Marissa Mayer, the recently installed CEO of Yahoo (NASDAQ:YHOO), announced that Yahoo had acquired Tumblr, a micro blogging website for 1.1 billion dollars. This was her first major acquisition as the head honcho at Yahoo.
Make no mistake about it, this is a big bet for Yahoo. The question on every investors' mind is, will this acquisition work out for Yahoo?
Unlike Amazon (NASDAQ:AMZN), Twitter, and Google (NASDAQ:GOOG), all of whom stand for something, Yahoo is the odd man out as it lacks an identity. For example, we think of Amazon as a shopping site, Twitter for instant messaging and Google for search, but what about Yahoo? What does Yahoo stand for?
Marissa Mayer's acquisition of Tumblr was meant to make a bold statement and jump start Yahoo in a new, and hopefully cool, direction. Reviews on the Tumblr acquisition so far have been mixed. Today, we are going to take an in-depth look into the stock of Yahoo (NASDAQ:YHOO) and its previous failed acquisitions. Who remembers GeoCities, Broadcast, and Flickr? I'm going to carefully analyze Yahoo's price action and share with you some insight as to what I think is going to happen to this stock.
The initial feedback I received in a recent sneak preview of this video has been extremely positive, and in several cases it was described as an "eye opener" for many of these viewers. The video runs for about 6 1/2 minutes.
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I personally believe this video will give you a look into how the markets really work. After you watch the video, you can make up your own mind whether this approach would be useful for your own trading or not.
So what are you waiting for? Let's get started right away!
Enjoy the video, and every success in your own trading,