Stock Holders are getting edgy. This is a bet for the ages. May want to Short Google Also.

Read this post I found on the main investment board for Yahoo:

As a holder in YAHOO i am asking you now to send a message to the board.
#1 Tell Mr. Yang and the rest of the board to open the door now to all suitors!
#2 Tell them we want a higher price offer for our shares and other investments north of 40 dollars a share.
#3 Say no to selling off or sharing search engine and add with GOOGLE
[MY COMMENTS WILL FOLLOW}
#4 Send a message to Microsoft that we will under no means take scare tactics or bulling us into a 31 dollar offer. Send a counter offer now!
#5 Ask for a statement from Jack Ma CEO of ALLIBBA for imput on offer of 31 dollar tender off by Microsoft and state we feel that Yahoo's shares should be offered as of last years price of 48 dollars a shares but we would like his imput.
Comments: There was a piece released by someone on Bloomberg this morning stating that Yahoo investors rather give into Microsoft's bid then fight with Google.
Let me state something here now: If you or any other investor think that Googles help in anyway will help Yahoo survive you are quite mistaken.
As to Microsoft we should demand that Mr. Balmer, Mr. Gates that we expect talks to be held in a civil manner and that we will not be bullied or be the subects of scare tactics!
At this time Yahoo needs a merger with another to gain market share and our share to price value! We demand right now that the board invites all bidders to the table and that all offers will be looked at in a timely manner and knowing that GOOGLE if they offered a price that it would have swift anti trust problems. We all know this would not pass. You should also read between the lines that Google isnt a white knight here but is only out for themselves. With a Microsoft and Yahoo merger you are looking at a power house which ran right out of the gate, will and can be a world wide power house of the internet. The share offer of 31 dollars a share is just not acceptable. Give Microsoft a counter offer now and make it public and open to all other suitors that we are looking for a share price between 46 to 50 dollars a share.
ALL INVESTORS MUST STAND THEIR GROUND NOW AND VOICE THEIR OPINIONS AND INTENT TO YAHOO'S BOARD AND ALL SUITORS NOW! THIS MESSAGE BOARD IS A GOOD START. AS OF RIGHT NOW SPEAK UP AND SHARE YOUR THOUFHTS AND DEMANDS TO THE BOARD THAT THEY WORK FOR THE INVESTORS AND OWNERS OF THE BOARD AND NOT THEMSELVES. WHERE DID BLOOMBERG GET THIS INFORMATION FROM THAT YAHOO INVESTORS WOULD RATHER TAKE A 31 DOLLAR OFFER THEN FIGHT WITH GOOGLE? THE MEDIA AND CERTAIN ANALYST ARE STATING THAT YAHOO IS FINISHED AND GONE! ALSO THAT MICROSOFT IS DONE AND GONE WITHOUT THIS DEAL. YES IT WOULD MAKE THE BIGGEST THREAT AND MOST LIKELY MAKE THE BIGGEST INTERNET POWER HOUSE OF SEARCH AND ADD COMPANY IN THE WORLD AND BE WELCOME COMPETITION BUT THESE 2 COMPANIES ARE NOT TOAST IF IT DONT. TELL THE BOARD THAT WE DEMAND THAT THEY LOOK AT ALL OPTIONS AND SUITORS THAT WILL INCREASE YAHOO'S MAXIUM VALUE NOW NOT LATER AND ALSO ASK FOR MR. JACK MA'S IMPUT FROM ALLIBBA WHICH YAHOO OWNS 40% OF THAT COMPANY AND IS A VERY BIG ASSET FOR YAHOO IN THE FUTURE. ALSO ASK FOR IMPUT STATEMENTS FROM YAHOO JAPAN AND OTHER PARTNERSHIPS OF MAJOR VALUE FOR THEIRS. WE MUST SPEAK UP AND MAKE SURE THIS BOARD LISTENS TO US NOW SO WE RECEIVE MAXIUM VALUE. DONT LET ANYONE FOOL YOU! OR SCARE YOU INTO SELLING AT THIS MOMENT.JUST BY THE TACTICS ALONE WE KNOW YAHOO'S SHARE PRICE IS WORTH MUCH HIGHER.
WE SHOULD ALSO ASK THE SEC TO WATCH YAHOO'S SHARE PRICE FOR MANIPULATION AS THESE TALKS GO FORWARD.
IT IS THE DUTY OF THE BOARD TO FIGHT FOR MAXIUM VALUE AND TO LOOK OUT FOR SHAREHOLDER AND INVESTORS INTEREST NOT THEIR OWN EGO DEMANDS. BEGIN NOW BY SPEAKING UP TO THIS MESSAGE AND DEMAND TO THE BOARD THAT THEY OPEN FORMAL TALKS WITH ALL SUITORS AS OF RIGHT NOW! TELL MICROSOFT THAT THE BID PRICE IS MUCH TOO LOW AND HAVE YAHOO AT THIS TIME OFFER A COUNTER OFFER IN THE HIGH 40'S. THANK YOU FOR YOUR TIME

Google Offers to Help Yahoo

This could mean some serious news to the Yahoo shares holders. The odds of this stock going down today and in the future have just increased. There is still a likely hood that Google could try and outbid Microsoft and in that case the stock price will rise but I would have to say this is definitely an interesting wrench.

Rad more here http://online.wsj.com/