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Friday, October 10, 2008

Buy! (2)

Continuing where we left off in the bargain bin stock picking vein...

Today would be a great time to move forward and buy your second of three tranches of hypothetical Google (GOOG) shares as we dollar-cost average our way into the market.

But more importantly, take as much as you can muster, and buy your first half of two globs of Yahoo (YHOO) shares. Any serious buyout offer coming in now will have to go over $18-20, which is in itself a huge discount to what Microsoft actually offered awhile back. There is a more than even chance of a 50-100% pop in YHOO over the short term. Go for it.

Disclaimer: I don't recommend stocks. This is a paper exercise. Do your own due diligence.

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Posted by Andrew Goodman




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