Sorry I haven't updated anyone on my short positions but I have shorted both PBR and YHOO. PBR was shorted when it was above $120 I know the stock was over inflated and now the news of a decrease in PBR's profits is sure to send this stock back down to the $100 range.
I also believe this YHOO deal is going to be a bust. The companies are like oil and water and even if it does get close to becoming a reality I am sure the EU will not allow Microsoft to gobble up Yahoo.
