Since microsoft dropped yahoo, is yahoos stock going to go down?

Grudun answered one year ago …

I expect the current pattern to continue. It dropped a lot initially but there are a lot of buyer who are slowly buying all the shares because they are almost sure that Microsoft is going to come back with a hostile offer(my guess is initially at the original price to be raised later) after the Yahoo! shareholders have had time to look over the other prospects and realize that Microsoft offers the best short term option. So watch the stock slowly recapture some of its losses. I think it will end up about 12% down on the day.