-t2
You comment, Now we seriously looking at 130 before earnings
Actually, I'm beginning to think you're being too conservative. First, Christmas is going to be one gigantic tout-fest for ecommerce in general. This will be very good for AOL's stock. Second, AOL often moves up ahead of earnings and will probably make the $.15/shr people are looking for. Third, once AOL gets past 120, all the TA types will declare a new uptrend and jump on board (Today's volume was only average for the past month and showed no real momentum, though the price action was constructive) Once past 130, the stock will be firmly back in an uptrend and every analyst on Wall Street will start spouting target numbers over $200/shr, the success breeds success style of investing. In addition, there it a possible split in the wind, which means nothing economically but a whole collection of people think it does and buy based on splits. Taken together, all these ideas make me think $150 by yearend is do-able.
Best,
--Steve |
