Aol

Porsche78 · Mar 6, 2003

Any aol traders?, all possible input would be helpful, strategy, resistance, support, etc,

SethArb · Mar 6, 2003

ted turner what he intends to do with his 114 million shares !

Colonel_Blood · Mar 6, 2003

No real support till around $5.00, and with a bit of luck should be there in time for summer.

SubEtha · Mar 6, 2003

Ted Turner is supposed to start heavily selling this spring.

I was short from $12 until the test of $10.
When it didn't break I closed out.

One of these days, $10 will fail to support it, imho.

nitro · Mar 6, 2003

Quote from SubEtha:

Ted Turner is supposed to start heavily selling this spring.

I was short from $12 until the test of $10.
When it didn't break I closed out.

One of these days, $10 will fail to support it, imho.

I believe he has already unloaded 5M shares.

nitro

josbarr · Mar 6, 2003

Quote from nitro:

I believe he has already unloaded 5M shares.

nitro

I heard that as well.

SubEtha · Mar 6, 2003

Quote from nitro:

I believe he has already unloaded 5M shares.

nitro

5M down,

107,238,000 to go.

omcate · Mar 6, 2003

Quote from SubEtha:

5M down,

107,238,000 to go.

Ted Turner is still a member of the Board of Directors of AOL. If he resigns, he'll be able to dump his shares. It will no longer be insider trading.

SubEtha · Mar 6, 2003

WASHINGTON (CBS.MW) -- AOL Time Warner's outgoing vice chairman Ted Turner sold 5 million shares of the company's common stock last week.

Turner sold the shares for $10.10 to $10.54 apiece on Feb. 11, according to a Form 4 released Friday by the Securities and Exchange Commission.

He directly owned 124.1 million shares after the transaction.

Turner plans to step down from his position at the company in May the company announced Jan. 29.

MondoTrader · Mar 6, 2003

I think if you own 4.5% of a company or more its insider trading regardless if you are officially attached to the company in any way. All that means is he will still have to report his transactions.