Submitted by Garrick Hileman11.17.2008
Yahoo’s stock price recently dipped below $10 per share: http://blogs.zdnet.com/BTL/?p=10841
Yahoo’s core business -- online advertising – is expected to continue to slow through the remainder of the year. http://www.techcrunch.com/2008/11/16/online-ad-growth-grinds-to-a-halt/.
With a dismal holiday retail season expected and the general economic malaise, it would appear that Yahoo’s stock is in for a rough ride through the remainder of the year.
There is, however, always the potential for for an acquisition of Yahoo by Microsoft or perhaps Disney?
http://www.searchenginejournal.com/will-disney-or-apple-buy-yahoo-before...
This is a prediction that Yahoo’s stock price will close below $10 per share on December 31, 2008.
Suggested Odds50.00%
Prediction Close Date:12.31.2008 (EST)
Members will be rewarded with S$25,000.00 Standard Dollars for successfully submitting Suggestions which are popularly accepted by the community, vetted by The Industry Standard and added to the site.
Votes
Vote Volumes: 4 0 |
Post new comment