>>C'mon, you can show it to me, I won't laugh. Don't be embarrassed, darlin', you know I want it! <<
Honestly, this kind of thing never happened to me before. Just wait a little, and it'll come around...there now isn't that better? I told you I could deliver. Here it comes...here it comes....
my AOL chart read.
Now then, AOL first and foremost is adored by Wall Street. Out of the 22 Brokers who cover it, 14 issue a Strong Buy, 5 issue a Moderate Buy, and 3 issue a Hold.
That being out of the way, AOL is now at its All-Time High. AOL has a loss for the last 4 Q's of (-$126 Million) on sales of $1.86 Billion. Its profit margin is (-7.6%). The number of shares oustanding is 102.9 Million, of which 75 million shares are in the float. Price to sales are 4.86 (very high), and AOL lost ($1.38) a share last year. However, Institutional ownership of the stock hovers around 75%. The current total market cap is $9.87 Billion.
All this aside, AOL continues to demonstrate the faith that it will become a main power broker in the internet/telecommunications mix. Its proprietary on-line forum includes lots of exclusive content avalaible only through AOL subscription. Also, AOL is about the only ISP that Cigar Chomping Wall Street Fuddy-Duddys have ever heard of. Because they want to be included in all the Internet hooplah, they have and will continue to throw money into it.
AOL's chart pattern is not indicative of a short squeeze. It does not display a rapid rise. Instead, slow steady growth in the share price (of which Iomaniacs can only dream about!) is what AOL has demonstrated this past year.
AOL will most likely hit $100+ within 2 months. But its rise is becoming too slow for me to be interested in investing from here on in. And I wouldn't short it for the world.
Good Luck With it Truff.
Care for a cigarette? |
