Yahoo! after the bell 9-26-06: Another losing day for Yahoo! shares

Yesterday, del.icio.us blog happily reported that the social bookmarking site now has 1,000,000 registered users, triple the number of users they had nine months ago. That was the bit of good news I could find for Yahoo!

Yahoo! Inc. (NASDAQ: YHOO) shares were down again today. On a day where the overall markets posted nice gains, and where all other BloggingStocks stocks mostly outperformed the market, Yahoo! shares lost another 24 cents, or 0.95% of their value to close at $25.05. Ouch! I believe Yahoo! hasn't seen one positive day since its announcement last week of lower ad revenue than it had expected, which would cause the company to come in the lower half of their previous revenue forecast.

Today, again, another analyst from another investment house hit an already battered stock. It was RBC Capital Markets this time. Not only that, but investors are now also concerned about Yahoo's exposure to the weakening real-estate market.

Yet, I like Yahoo! And why? Because Yahoo! likes me. If I ever seemed to like Yahoo! more than Google, now you know why. While Google Inc. (NASDAQ: GOOG) does not allow Canadians into the Google Advertising Professionals program, Yahoo! does (or rather, will). So there!