I just bought a sh!tload of Yahoo! stock - was that a good investment move, or did I throw my $ down the tube?

You should sell some call option to protect yourself, just in case the stock does fall. But buy doing this you'll be obligated to sell your stock if the call buyer exercises his options. Another option is to buy put options, which give you the right, but not the obligation to sell at a specified price.

Covered puts is a good idea. Yahoo is looking to be bought out. With merger talks, I would look into buying google too.

Congratulations if you got it in the low 30s. With that big of a pop today there was a lot of profit taking. If all the rumors are true, it could stand to go up a lot more.
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Cerainly no reason to buy in this good market. dead money if you are lucky. No options- out!

not a bad move if microsoft merger that is rumored actually goes off. however, in the long run, you need to diversify your portfolio. Spread out some of that risk, and do it b4 the microsoft rumor goes away. Yahoo's quarterly reports haven't been all that sunny of late, and their P/E ratio is only marginally acceptable for a stock of this value. Unless Yahoo does something soon, I look for it to not get much better than it is now. Recommend you move into some other things.

I wish I knew--alotof things

Depends on your philosophy of investing. If you are motivated by merger talks or rumors on the street, it could be interesting. Today's range was huge, but looking back over a year of the chart, I fail to see any central growth tendency. It is just all over the map, with big gaps here and there. Mid July last year, mid April this year. Follow the charts, the prices never lie.

did you buy it after the announcement of the posible merger?

if so I think this was a bad move bc most of the gain is already priced into the stock, and if it doesn't happen it will shot down to around $28.00

Maybe, maybe not, but don't ever buy a @#$#load of stock in any one company, its always best to diversify. I can go right now to a stock screener and find 5-10 companies who are soaring up in profitability, no reason to just buy 1 stock and submit yourself to so much risk.

Jeff
http://www.best-stock-trading-systems.co...

Think about something else. you can invest your money at a stock like AENS.OB. A great protential growth stock with a 1y Target Est: 36.80 and now its just 0.98.
Act now before its too late for that.

I asked the question to a Team Trainer "What distinguishes investing from gambling?" Answer - Playing by the Rules
(thoughts from a previous rule tweeker)

Hey Dude,
You already have some very good and thoughtful answers, but your question interested me. I get the idea that you made an impulse buy (I do that too, sometimes) without researching the stock first. If that is the case, then now would be a good time to answer your own question. What is the P/E, PEG, earnings, cash position, ratings, etc, etc. My personal opinion on Yahoo is that I might buy some and hold it for a couple of years.
Hope this helps you by giving you a different slant on your question.