I almost bought and still want to as it has to be on a buyout list... I pondered whether Yahoo ad SE is eyeing this. Trading seems to say so but haven't even checked volume on pre-value hunting time for $YHOO .
Yahoo CEO said months ago they were focusing in mobile ... this has to be a target.
With prices at/near 52-week lows, I think the $1.75 to $1.90 price range presents a very prudent entry point particularly in light of yesterday's news that Millennial Media will acquire Nexage, an event largely seen by Wall Street analysts as a positive business move insofar as it adds a key missing piece to MM's business model.
Your entry should be with a mid-term investment mindset as traders typically buy on the rumor and sell on the news. You need to see what other catalysts will lie ahead for MM moving forward.
I wish you profitability in your trading ventures!
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