Look for YHOO to get a boost on Monday, after financial publication Barron’s published a positive article about the company in its weekend edition. The stock, which closed at $29.53 on Friday, could be poised for a 2-4% move on Monday after Barron’s surmised that YHOO shares are worth from the low 40’s to $50 per share, based on the amount of different segments that YHOO can reach for advertisers and the total number of visitors that YHOO receives. I agree whole-heartedly with this article, and believe myself that YHOO is poised to move higher. As I stated, YHOO closed at $29.53 on Friday, and will likely gap up to $30.50 - $30.75 on Monday morning. Volume was heavy on Friday, with over 33 million shares of the stock changing hands, compared to a normal daily average volume of just over 20 million shares traded.
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