Good Morning, I am hoping that everyone is having
a fine summer. I havent posted in awhile only
because golf has been taking up the majority of my summer
hours. I cant help but notice that investors of AOL are
still very concerned with the short term movements of
this stock. Here is a new idea, Buy and Hold. It
sounds so simple but yet it is so difficult to do. The
reality, imagine if you had bought AOL three years ago and
held onto it today. During that time, the stock would
have dipped, oh maybe 1000 times, posters on the board
would have screamed "Get Out" at least a million times.
Imagine if you had exercised the techniques of buying on
dips, just recently you would have bought at 91. The
reality is that everyone, including myself who held these
shares to 175 and down to 91 are actually doing alright.
In time those who bought higher than 130 will also
be in this camp. Dont look at the trees, look at the
forest, this company is a powerhouse and will be around
for many years. I certainly agree that I enjoy a 20
point runnup every now and then but in 5 to 10 years
that 74 point drop will seem irrelevant. Buy, Hold and
if possible, Buy More. AOL is simply the
Just a Thought,
this isn't the picture I had hoped for, but had
been concerned about.
Unfortunately, I think
the earnings run has happened and any positive news
has been well factored in.
Why would a run
happen when almost every single stock has tanked
immediately after stellar earnings?
If you read his posts carefully you can tell
Ferengi is not someone with any real money. I've seen
like half a dozen people like him come and go on this
board. Usually, they go after they lose the two grand
they had in their Schwab account.
If you believe this, then why did you have to
pose the question? Were you hoping that someone would
say it would close up with a 10% gain. Okay, it will
close up 10 % tomorrow. There, can you sleep well
God, what a dope!