Any info about Iomega (IOM)? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Any info about Iomega (IOM)?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BBG who wrote (46750)	2/3/1998 3:50:00 PM
From: Michael Coley	of 58324

RE: Trading Question - Stop Orders. JD, >> don't you take the risk of selling a 1/4 of your position the second IOM hit's 9 1/2 without having time to see << Yes. But as tightly as it was trading in the 9 9/16 x 9 3/4 range, I was pretty sure it would break out one way or the other today. If it was down, we could have revisited our recent lows. If that happened, I wanted the opportunity to buy some lower. I only did it with 1/4 of my position because I wasn't very confident that it would happen. I normally trade with half of my portfolio, leaving the other half long all of the time. Since the breakout was to the upside, it didn't matter. Don't spend too much time trying to learn short-term trading from me. I'm awful at it. Or should I say... I'm still learning. There are others here who are quite a bit better. Even Rocky can get the short-term right sometimes. <G> - Michael Coley - wwol.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next