Possible play here. In with only a half position 9.60s area. AOL announced tonight that it is done with its sale of 6.7 million shares as of sept. 11th. This could allow the stock, which has been basing for weeks now, to finally follow the latest surges by ntes and sina.
A true measure of this stock will be a break of 10.50, so don't enter with more than a partial right now, with an add on after a break of 10.50. Stops should be used considering the time of year if anything.
Posted by rybeau29 on :
Stopped out the next day on this one. Will look to reenter for a bounce after the ASIAN selloffs. I had a tight stop so didn't lose much.