America On-Line: will it survive ...? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line: will it survive ...?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rhet0ric who wrote (9315)	4/4/1998 1:30:00 PM
From: FuzzFace	Read Replies (1) of 13594

Suggestion for AOL puts. Wait until the day after a big upswing. There's usually a few small down days before the next big push. This will allow you some time to look at the chart and for fear to sink in so that you can get out at breakeven or a small loss within 3 days. I made the mistake of buying my Oct 65's 5 days after a ramp, one day before the next one. You may think 5 down or sideways days are weakness. It may be weakness in normal times. But in AOL right now, 5 down or sideways days are just the means to suck in more short cannon fodder. Did you see AOL's Friday close? Was that institutions defending their stake or what? This really is classic mania and market manipulation. OTOH, AOL did reach their "new" 12 month target of 75 and no one has had the nerve to double it yet. But that new Buy rec didn't help either. Imagine actually getting paid to start a stock as a Buy after it quadruples in a year. Guess it helps to simplify the selection criteria. "Fire all those programmers, just see if the thing has quadrupled."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next