JEANNE, YOU ASKED ME ABOUT SMITH BARNEY
STOCKPICKS LAST WEEK
http://www.angelfire.com/mo/sbtech I LOVE YOU! Now your earlier posts of this
AOL set to tank starting monday.
exceIlentgrowth_99 219945 of 220006
"All tech stock set to
by: exceIlentgrowth_99 219946 of 220006
too hi at 211 P/E "
were highly speculative
and sound rather panicked.
Be gald AOL only bought 10%
done business in China...or tried to for the last 10
There is not a single American company that I'm aware
actually makes any profit in China. If
you can find one, let me know. The Chinese are very
shrewd capitalists for a bunch of
have the system rigged to basically draw in
western companies with the lure of huge markets, and
rip them off. It is impossible for a western company
a profit in China. You may have
revenues, but by the time you're finished, you've lost
money. AOL will find that out soon
western companies treat China like net companies treat
the net...SOMEDAY THEY'LL MAKE UP FOR THE
Someday never comes.
If you are going to invest in AOL you need to be
prepared for extreme volatility, and don't try to time the
market because AOL will turn on a dime either way, up or
down. To put things in perspective, 11 months ago AOL
was at a split-adjusted price of $36 per share. Then
from July to October of last year the stock plunged to
about $18 per share. We all know what happened next: it
soared over 5 months to $175, and now during the last
few weeks has dropped back to $90.
than one year, the stock went from $36 to $18 to $175
to $90. Now folks, that is called volatility. So
hold on and enjoy the ride. If you're down today, you
will probably be able to sell within a year for over
$200 per share.
just when you feel sick and can no longer take
it..that is when the up move will start..with over 40
million shares traded today we might have had a nice
panic selloff..if we get some more at the open then
perhaps we can rally..for all the people who say they
shorted 5000..1000..etc..do research and find out just
how big their mgn account would have to be to pull
that off..so my 20 years as a broker says its hot
air..the net gives everyone the floor..wall street has two
nasty emotions..fear and greed..this year we have had
both..if one is to make money you buy the panic and sell
the greed..to the longs..take a deep
breadth..relax..you know stocks don't move in one direction..we
should have a nice bounce sooner than you think..