Good advice Ed.
Many people are worried, and frankly all the advice in the world won't do Yacov any good or anybody any good. Nobody knows what the short term holds, but long term, aol will be as good a play as there is. Fundamentally, they are by far the best internut model out there. I don't know what the stock will do tomorrow, but I feel confident that next year, and the year after, we will be at much higher prices. As you said, assuming nothing changes fundamentally within the company, there is no reason to sell now......anybody selling now, is selling out of pure panic. Nothing has changed..if you didn't sell at $150 - $170, why in the world would you sell now at such cheap prices. The smart folks are taking long term investement capital and getting it ready to put back into the blue chippers of the tech and internut field.......Is this the bottom.....Who know's. Personally, I think it's a suckers rally......we may be close, but we still haven't seen the massive sell on high volume with the big bounce that follows.Regradless, I will not sell my aol shares, and willlook to accumulate more if I can free up some capital.
Have a good weekend |
