AOL Inc (AOL/WI) returned to the big board after a nine year hiatus. The stock was already trading "when issued" (WI) before today. AOL/WI started the day down, traded flat around 23 throughout the day and then surged with huge volume at the end of the day.
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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