Young:
>>I am glad that you have found my posts of some value...<<<
Young, without your posts, I would have sold my position in IOMG along time ago. If you remember way back in march, when the stock went up to $36 and then retreated to $30 a few days later, if it wasn't for your thorough posts(along with Mary C.) I would have sold my position then and would have missed all this recent increase in the stock's price. Something that I would have never forgiven myself for doing.
Don't get me wrong, I don't listen only to the optimistic people, negative comments are more than welcome. However, your posts are backed with facts, realistic assumptions and very professional. The negative opinion would also be fine if they held the same standard and actually contributed something of significance to this thread. Instead, negative comments are used mainley as a scare tactic and self serving interest. Furthermore, when one attempts to address this they are deemed as cheerleaders for Iomega. A good example of this was a couple of day's age when someone proclaimed that THIS BUBBLE HAS POPPED and that he told us so, little did he mention that the overall market was down that day, especially the tech sector, not to mention that Iomega's decline was less than $2. Well, I wonder what he has to say today, when IOMG closed up $6.
As for Joe, I really don't think you have anything to worry about. If you recall correctly, he proudly posted the other day that he covered 1/3 of his short position, well I wonder what he did today when the stock shot up to almost $44. In addtion, as you read more of Joe's posts, he seems more angry at himself for passing up such a company at $7 and missing out the great increase in stock price than anything. As a result, it seems that he is trying to make up for the lost opportunity by shorting the stock. Hence, his use of this thread and the general attitude and his comments towards Iomega.
I agree with you, at times it does seem like debating religion vs. another. This is why I beleive that we should let Iomega's stock performance speak for itself, and overtime it will. Kim Edwards is no dummy, this is the number one reason why I am long on Iomega. If good management is present, it will prevail regardless of what the "experts" say. And good management we have.
Like you, I can't wait for 2Q result and I'm sure Joe, Frank and others can't wait either. However, I am trying to think of what their replies will be, because they always have a reason of why they think current trends will not last.
Happy trading
FN
Good to see you back, your comments are appreciated as to the latest attempts by companies to counter the Zip and any press releases they make. |