AOL Shorts, Will they Survive? Message Board

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Technology Stocks : AOL Shorts, Will they Survive?

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To: Cynic 2005 who wrote ()	3/22/1998 4:05:00 AM
From: Tony Wang	of 124

Probably not. The shorts are the main reason why AOL is presently where it is. Even the insiders are selling, according to last month's article on the high flying internet stocks. We got a lot of people getting short here at $120+; which is why $122 seems to hold like rock of Gilbraltar. This stock is a safer sale after it goes down hard like 12-13 points then rebounds and doesn't make a new high. As it starts going down again like 6 points from the recovery high, it would then be a good sign that the top is in and the trend has changed. Until then it will be throwing money into the wind.

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