Any info about Iomega (IOM)? Message Board

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

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To: James who wrote (17870)	3/11/1997 12:18:00 PM
From: slipnsip	of 58324

<<The bid size is reflecting the "shares on sale", and the ask size is reflecting the "shares in demand". Somebody corrects me if I am wrong. So, when the bid size is larger than ask size, it usually drives the price down.>> Just the opposite, a larger bid size represents that the stock price can absorb a higher level of selling without pushing the stock down and inversly, it takes that much less volume to drive the stock up.. I would like to add that trying to trade on bid/ask size is a futile excercise. It changes so rapidly, that you couldnt call/type in your order in time to capitalize..

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