Why do you say 12? I am not in the stock but I was looking at the cash per share and the book value per share. It seems to be trading at Book value now.
AOL is hitting hit heavy by sellers, time and sales is showing huge blocks of sells.
This must be the biggest thing a VP can do, Julie sold over $4 million worth of shares. This will bring the stock down, mentality surrounding it will bring the stock down.
Just shorted AOL, short term fall coming. Feel free to join me on this one. I see no problem of AOL dropping for the next week days and possibly even into next week. I also noticed that EVP also sold shares worth over 4 million.
Could not have said it better myself. This pig with lip stick is overinflated from the MSFT deal and stock repurchase program. When the music stops, the bottom will fall hard and fast.