My first blog post on Tradeking, thought I would reflect upon the most recent news. 

After holding on to this one and seeing the stock price erode by almost 30% from last june, finally many can get a breather with today's turn of events. Yahoo hit 29.83 at it's peak today, to close 47.97% higher than previous days close, but still if the actual deal would go throug could be anyones guess. Personally I wrote a long call @ 20, with the bet that after the initial boost to the price fizzles out the stock price will drop again. It would also be interesting to see how this affects Google, since this was a direct response from Microsoft to face Google head on.

Mickey.  I appreciate your comments and words of wisdom on my post.  I have seen a couple stocks  in merger situations and they usually do not significantly fall in value unless the merger falls apart.  You have to remember that they are guaranteed $31/share if they complete the merger so for the price to fall that far is not probable.  An example I studied was Armour Holdings <AH> i dont know if the charts are still available on any website but when they were getting bought by a company from Europe their share price jumped to $81 and hovered around that price until the merger was completed.  This is just an opinion based on my past experience, which we both know is very limited, so im very interested to see how it plays out...  Cheers.

GS