Btw, AOL is about to break 100. This stock will never trade above 100 again after today's close. Never.
Didn't your momma tell you to never say never?
The game is over. The only money left to be made on the internuts is on the short side.
Yeah, you're right, why don't you short it for the next three to five years? Hope you have deep pockets.
AOL and Yahoo and AMZN and DCLK and EBAY are still 10 times overvalued. There's 90% left to the downside, and we'll see it soon. AOL will be trading under 20 dollars a share within a month.
I believe at 10 times overvalued that would make AOL a $10 stock. Let's see, at 35 cents earnings over the last year, that would give it a trailing p/e of under 30. And with, say, $1 earnings in the next year or so, that would give it a forward p/e of 10. Pretty low for a growth stock and the leading internet play, don't you think? I think your estimate wins the prize for the best "monkeys flying out my butt" prediction. But hey, let's keep it simple, right? |
