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Time Warner Inc. Message Board

  • oil2olay oil2olay Feb 24, 1998 1:26 PM Flag

    bought 200 more at 121

    I now own 1500 shares on margin. I'll sell 500 shares when it hits 130, probably tomorrow or thursday for a short term profit.

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    • >I now own 1500 shares on margin.

      Careful, Oil. Buying a speculative stock that has no fundamentals is a recipe for
      disaster. If you wanna own AOL, buy what you can afford.

      >I'll sell 500 shares when it hits 130, probably tomorrow or thursday
      >for a short term profit.

      After today's drop, I doubt it will hit 130 by then. Of course, it is possible.

      Sugar_17: Jeez, don't listen to me, listen to everyone . . . watch, listen and learn.
      I'm sure all the people on this board have made lots of money on some stocks and losses on
      others. My AOL play was a risky bet that I lost . . . I shoulda figured that as soon as I
      covered, it then started to tank. The close was around 119 1/16 (-4 13/16).

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