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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (7142)3/19/1999 10:26:00 AM
From: Roger  Read Replies (3) | Respond to of 41369
 
After watching AOL for so long, I am finally beginning to realize the kind of manipulation that goes on with this stock. After the official news of its proposed inclusion was made public, a lot of individual investors bought AOL and AOL calls thinking it will go up. Guess what - it went nowhere. I have never seen a stock of this size being manipulated to this extent as I saw during that 6-8 week period. Why? cause they wanted all the calls to expire worthless. And all the Money managers knew way before us poor souls and bought AOL much before the official news.

Now, they wanted all the shorts and puts to expire - so they have run this up incredibly. Next week, common sense tells me that it will go lower - I am not saying that it will go down like a flash but the big boys will bring this down slowly. I could be wrong - who the heck knows what tomorrow brings - but I am just watching the history of this stock recently and trying to take cues from it.