SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Luis who wrote (15845)5/8/1999 10:58:00 AM
From: WGREEN  Read Replies (1) | Respond to of 41369
 
LUIS,


you are not alone,made my last purchase at 172,i'm not into options,
so the only way i will loose money is if i sell .during these downdrafts i avoid watching every day. long and holding.
wgreen



To: Luis who wrote (15845)5/8/1999 11:29:00 AM
From: Rommy B.  Read Replies (1) | Respond to of 41369
 
You gotta do what you gotta do, but if you take a nice, long, quiet look at the chart, then ask yourself, has this happened before to AOL? Yes. Last fall they were ~50% off their high and so many on this thread was singing AOL dirges. What was it, let me try to remember, oh yeah, the reasoning was that stock price has fallen because it took the company longer to acquire their latest 1,000,000 customer than their earlier millions... Yeah. Now no one ever mentions that anymore. No, now it's the AT&T cable thing.
Well, AOL will always retreat as people take profits, weak hands sell, and market makers look to make their moves. But has anything fundamental changed about AOL in the past couple of weeks? Or is it that the entire internet sector is undergoing one of its many corrections.
There are no guarantees and anything can potentially happen, but if "what comes around goes around" is true, then AOL will bounce back--if not next week then next month, and if not next month, then before next quarter--and the shorts will cover, all the faithful longs would say, "We told you so" and all the panic-streaken traders would kick themselves for selling into pressure.
Best to all,
Rommy



To: Luis who wrote (15845)5/8/1999 3:56:00 PM
From: gc  Read Replies (1) | Respond to of 41369
 
Sounds like your brain tells you not to sell, but your emotion tells you to sell. I say trust your brain! The lower aol goes, the lower the risk it has. WE are at 55 points off its high. How much lower it can go? NOT much! I am fully loaded on heavy margin. I think it is the worst time to sell and best time to buy!