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

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To: NoName who wrote (10064)10/25/1996 11:19:00 PM
From: Cogito   of 58324
 
NoName -

Thanks for your gracious apology.

Now, back to our regularly scheduled debates!

>>I disagree with you that I've insinuated people were naive for refusing to listen to me. I may have snapped at people for their "mud slinging" but that's it.<<

Gee, NoName, I could have sworn you had implied that people who wouldn't listen to you were "cheerleaders" and worse. But I'll let it go. I'm not going to go digging through old posts about it. If I was off base saying you had done that, I apologize again.

>>I've given examples of some stock that I have observed to be manipulated CSCO, MSFT, NSCP, IOMG, etc...(along with some big board stocks).<<

What you've done is to point out instances where news which you would have expected to bring the price up did not. That isn't really even close to substantive evidence. The market is highly complex, and a myriad of factors are acting on it constantly. The fact that you or I don't understand a specific day's movement on a stock doesn't prove that there's an enormous conspiracy at work.

>>To counter your point of "any substantive information to justify your position" nobody has shown me any substanive information to prove to me that the market isn't rigged!<<

Seriously, NoName, don't you think it's up to the accuser to substantiate the accusations? Would it be fair for me to call you a thief and ask you to prove you weren't?

And did you check out the GPGI thread that Gerald Bunch referred you to? Two former MMs were discussing the very topic of manipulation, using first hand experience to back their views up. It's highly informative reading, and it corroborates what I have been told by people I know in major brokerage houses.

Yes, manipulation exists. No, the market is not 100% rigged.

- Allen
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