What is Going on at Yahoo!?

Shareholders are meeting on Thursday to discuss the progress of Yahoo. Unfortunately for CEO Carol Bartz, Yahoo!'s reported earnings are not at targeted levels. Shareholders may be becoming impatient and frustrated with Bartz's leadership and her plans for improving the company, according to

. Although Yahoo! has reported an increase in the number of shares and profits since Bartz was named CEO in January of 2009, the current trends are the focus of Thursday's annual shareholder's meeting. Even today, the stock is already trading under $15, perhaps foreshadowing the future of the company. While shareholders may be largely opposed to Bartz's leadership, Yahoo!'s board appears disagree, reports

. Chairman Roy Bostock stated, “The hard won progress that we have made is why this board is very supportive of Carol and the management team.” Stockholders appear to be primarily focused on the company's current status and Asian assets. Revenues from advertising sales continue to fall, as does the number of visitors to the website. Additionally, worries are beginning to surface that Yahoo's 43% stake in Alibaba may decrease in value. However, amidst this unrest, rumors are swirling that Yahoo! may be in negotiations to acquire Hulu. Stories have been circulating around the web that a bid has been placed to obtain the web giant, even as both parties continue to deny any such claim. So, what is certain about Yahoo!'s future? Nothing. With Bartz's term remaining in place through the end of 2012, it is still too early to tell what is in store for the company. As the economy continues to fluctuate and competition among web giants remains intense, Bartz's leadership will prove to be incremental to the impending growth and success of the company.

Traders who believe that Yahoo! is poised for a comeback might want to consider the following trades:

Traders who believe that shareholders are right to question the company's future may consider taking positions in the following: