AOL possible short?

Discussion in 'Stocks' started by TheGoonior, Apr 9, 2012.

  1. So AOL is up 42% because they sold a bunch of patents to Microsoft.

    Any thoughts on AOL as a potential short candidate?
    PROS would be that:
    1) People who bought low may want to ring the register on the first hint of a pullback to protect some profits.
    2) People who bought a while ago are now starting to get close to breaking even.
    3) Major overhead resistance in the 27 and 29 areas.
    4) Appears to be more of a "Whew! We now have some more cash so we can keep afloat" vs. an Apple-style "we don't have room for any more money so let's buy something" feeling.
    5) Not a dividend paying stock, so buy-and-holders may want to take a gift horse.

    1) Been hammered for a while, but is an a gradual uptrend over the last 9 months.

    Curious how others might play this since I don't like to short blindly on the run up without seeing some hint of hesitation , so I'm just watching from the sidelines at the moment.