Not long ago, Legg Mason(?) fund dumped all their AOL for a single reason of not getting a share of ATT/Media 1 cable deal, sited the death of AOL, I guess Mr. Mason is one of the guy tries to get back in today?
Now, the wishful crack has happened, the can of worms stat crowing out, ATT won't have enough hands to stop it, so what's next? Making deals! With whom? Who else? AOL it is.
AOL starts crumbling around $142 on the ATT/Media news, it should climb back to where it was within a week or so at least, hopefully, AOL will come out with few more good news to push the price over $160 and sitting for good earning and 2 for 1 or 3 for 2 news around July 27th to push the price forward to reach analysts' concensus price target of $200 before split, lets hope.
But in the mean time, let's enjoy a good weekend with a smile inside. |