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Author: yohimbo New Fool Contributor Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3863  
Subject: worst investment at the worst time Date: 8/5/2014 5:03 PM
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I bought 100 shares of AOL at its summit just after the merger . Like $186.00 per share. It tanked almost immediately and has never come back….and I have held it all this time.It is now worthless. The Fool liked the merger (I read the archive) but really, what ever looked like a surer thing? A company already fully formed on the very edge of the vast and largely empty frontier that was to be the internet… with a company that was the very definition of entertainment. I was incredulous and nauseated as I watched helplessly and 'held'. It is an indescribably bad feeling to be burned so badly. But you know what ? And there may be a moral lesson in this... I HATED AOL (all along) and wouldn't have used them for a search engine for any reason or any thing.I despised their ad centric page and their assumption that you were low brow and ultra consumer oriented. Yet…. on another level I thought the merger would work and the stock would rise. So in a way I deserved it maybe. I will only from now on invest in things I like and can understand. Ironic that Google would have been such a fantastic buy when it IPO'd but I was gun-shy big time.
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