America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: RocketMan who wrote (2031)	1/8/1999 4:55:00 PM
From: Tunica Albuginea	Read Replies (2) of 41369

RocketMan " AOL price action ". Agree with you. Looking to buy more at below 143. Is there any truth in Ralph Acampora's 130 - 160 range? (Maybe he is the one that wants to buy AOL at 130, gg ). I am not sure how much time the Funds have to buy AOL to match the Index this is why I am being cautious in when I buy more shares. Want to get them as low as possible. I think though that that trade should be done before the very likely 1-19 Mon pop of price, back later TA ================================================================ You said: This price action reminds me of an old penny stock trick used by slimebag OTC MMs. You walk the price down just a little bit day by day, counting on the fact that most investors are impatient, and will eventually get frustrated and sell. A few sales become more, and selling pressure begins, leading to more frustration and more sales, with the shares being scooped up cheaply by the MMs. When the selling pressure subsides, the MMs run the price up, and create a buying panic, selling those same shares to the same investors for a lot higher.

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