Hi Todd: RE>n 1992 who would have believed that AOL could grow subs and revenue more than 4,000% and still not make a profit! <<
It's just not make a profit, ( they have booked huge losses, and
lost all of their assest ( book value ))..still the stock goes up.
You have to know there is some sort of scam going on.
They keep it floating ( for the cash flow) and it's being skimmed
off at every turn. When you have that much cash flow "someone" is
getting the benifit of it. It's not just being used to build out
the system..money is flowing every were..and the bills keep
mounting. The people that gotb into AOL for $2 to $5 are the ones
now short selling and buying her back and laughing at all the
new buyers. They will dump her when they get ready, untill then
they are playing with a stacked deck, and can read the cards.
Nice move up today, 2/3rd of the shares bought/sold were shorts
swaping shares trying for the best position..prior to her next run
down..at the top they sell/buy on small spreads, staying short
sometimes only for hours, jumping back in and double buying then
selling, each trying to push her up so they can sell off on the
very top, the compitition was heavy today, it's always like this,
before a drop. Soon now real soon one of them will say dump..the
others will buy but he will dump, and dump, and dump till they
dump, then she goes down and hits her 50 mda..and they try to buy
back as cheap as they can..it's almost like a privet poker game,
each trying to figure out were the other will dump, then were will
they buy back in. The higher they push her this time the more
fall due..they could over do it as if she falls to fast the ones
sitting on the side lines may say I'm out of here..then she could
go past her normal support, and panic set in..
You do know they were scared Friday morning by something..I have't
figured it out yet..but they didn't open her at the bell..in fact
she was real late opening..big hit should come by firday "if it's
coming. "
Jim
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