Voltaire, you seem to know AOL quite well, I bought 250
shares at 102 1/2, after 5 2:1 splits, I will have 8000
shares and if the stock trades at 125, I will be a AOL
millionaire, this would roughly be a 33 bagger and if
AOL doubles every year, it is achievabe in 5 years!
I am not dreaming just doing a theoretical mathematical
analysis, after all the above has already happened many
times over in the tech world (i.e) 33 times in 5 years.
I bet MSFT, DELL, INTC, AOL & some others have provided
this kind of return in the past 10 years at one time
or another.
I made 15k last week trading AOOCT's and AOOCA's, lost
12k in paper profits by selling AOOCA's too early.
On my shares I have a stop at 102 7/8, I intend to
add a 100 shares every time AOL splits or sells off
>20%, this ofcourse if the NET revolution continues.
The downside is, I get stopped at 102 7/8 in which case
I will get back in again, I will raise the stop to
110 if we gain a few more points and intend to take
small positions in AOL calls everytime we sell-off.
What do you think? i mean is it not a good idea to
to hold on to these 250 shares, (i.e) just forget about
them for 5 years?
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