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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: RLM who wrote (7741)2/12/1998 4:48:00 PM
From: Michael Harb  Read Replies (3) | Respond to of 13594
 
I think the brokerages will start downgrading shortly due to the recent appreciation. AOL is way overbought now....The "rah rah" is reaching critical mass in my opinion. I am confident we will be down a couple bucks by close tomorrow. There's a lot of people with some big profits that will be taking some chips off the table soon.

Bought a truckload of Feb 110 puts at 1 1/4 today. Looking to sell at 3.

mike



To: RLM who wrote (7741)2/12/1998 4:55:00 PM
From: Marathon  Read Replies (2) | Respond to of 13594
 
Yeaaa! More blood and mud on the face of the shorts. It is foolish to short a growth stock like this between announcement of split and actual split date. Just think if you were to cover your 10% portfolio loss now and take an additional 10% on March 120 AOL calls you could break even when AOL soars to 125 post split prior to March expiration. Mark my words and this post. I showed you the money, the way, and the light. Most likely you are all so frozen in indecision that you will just do nothing and lose more. HaHaHaHaHa :-).

P.S. If you find the above distasteful go start your own AOL shorts anonymous thread and quit the futile attempts to tarnish the money party us longs are exeperiencing and will continue to experience. :-) :-)