Thanks Bill Gates. Yahoo~
Microsoft announced today a hostile takeover offer for Yahoo of $44.6 billion. This goal is to boost its presence in the online services market. This is one trade that no one could take big advantage. Check out these options pricing for Feb expiration contracts.
If you would have just bought 100 contracts of 22.5 strike at $0.06 = $600 + commission. Next morning you would wake up with 100x your investment at $6 x 10,000 = $60,000.00
If you only knew. I had a feeling Yahoo would be a great investment to buy. Wasnt fast enough.
According to CNBC Website. Billionaire entrepreneur Mark Cuban tells CNBC that he thinks itâ€™s a brilliant move by Microsoft. â€œBasically it lets them dominate all non-search and social networking on the web. Also it backs Google
into a search-only corner.â€
Microsoft waited and bided their time in a smart way before making this offer, adds Jeff Macke on CNBCâ€™s â€œClosing Bell.â€ It seems like Yahoo! is out of better options and I think the best move would be to reluctantly say yes. I don’t expect them to get a better offer.
The trade coming out of this is to buy Microsoft & Play Yahoo for the merger.
Here are the last call pricing for 2 months out. Give yourself more time to see the worlds reaction. This is a very big move on Microsoft’s part that you need to participate with.
So Go buy Yahoo Now..
To your success!