""Your nuts, .11 is going to be respected, you new to AOL?""
I'm new on this thread, not with AOL. I have been playing internet stocks enough to qualify making a judgement.
AOL came out with impressive numbers, but just look at what the stock price was a year ago, last quarter and where it's today. The stock went up with the expectations that AOL will have blow-out quarter which they did. It's time to take the money in the pocket for a while and get back in it. If you're long on AOL, go to the beach and relax.
I like this stock. I'm long-term investor in AOL, but I have sold AOOEN & AOOEP this month and rec'd high-premiums (10+) and I will roll-over the funds right back into AOL after expiration. It gives me more leverage. Sometimes, I missout on gains, but overall I get the same benefits, with low risk.
I do expect AOL to hit 200 by summer, but I like to take the profits by selling calls and selling puts as well, specially the high-premium I can get now-a-days on these internet stocks like AOL.
I anticipate that AOL will re-visit low 140's once again today and after AMZN reports, we will be back in 150-160 range by tomorrow or Friday. Just my predictions.
-Nilesh. |
