Feb 01, US stocks head toward a bumpy opening

[shevaub]

Stocks headed for a mixed opening Friday, with sentiment bolstered by a Microsoft Corp. bid for Internet company Yahoo Inc. but dented by a government report that the economy lost jobs last month.
Microsoft is offering $31 a share per share for Yahoo, or a total of $44.6 billion, representing a 62% premium to Yahoo's closing stock price Thursday. Merger news, which has been in short supply for months, tends to energize the stock market. Yahoo said it will study the offer...
http://vietstocknews.blogspot.com/2008/02/feb-01-us-stocks-head-toward-bumpy.html

[Scale&Steel]

As bad as the stock market has been overall, it really has been go-time for savy day traders. There are many stocks, that watched constantly have had the potential to make investors alot of money by buying and selling weekly. The market has seen many stocks rise and fall a dollar or so almost on a predictable weekly basis. I plan on continually keeping an eye out for when I am ready to buy in.

I wonder how the Microsoft deal, if it comes to fruition will effect the yahoo stock. Buy in, watch it rise with the merge and then sell quick when it spikes and before it stabalizes. Could be yet another great day trade investment. But I am guessing with the current price of Yahoo stock it may not see the profit that others have had.


Stocks headed for a mixed opening Friday, with sentiment bolstered by a Microsoft Corp. bid for Internet company Yahoo Inc. but dented by a government report that the economy lost jobs last month.
Microsoft is offering $31 a share per share for Yahoo, or a total of $44.6 billion, representing a 62% premium to Yahoo's closing stock price Thursday. Merger news, which has been in short supply for months, tends to energize the stock market. Yahoo said it will study the offer...
http://vietstocknews.blogspot.com/2008/02/feb-01-us-stocks-head-toward-bumpy.html