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: Gary Wisdom who wrote (34564)	11/5/1997 4:17:00 PM
From: Gary Wisdom	of 58324

Volume Update (At close) First hour: 625K shares Price: $28.75 Second hour: 310K shares Price: $28.5625 Third hour: 866K shares Price: $29.25 Fourth hour: 171K shares Price: $29.125 Fifth hour: 127K shares Price: $28.875 Sixth hour: 261K shares Price: $28.875 Last 1/2 hour: 120K shares Price: $28.6875 Well, the Iomega demon came back to haunt us again. Volume dropped off substantially after the third hour, as usual. What's interesting is that with 15 minutes left to go today, the bid was $28.6875 @ 100,000 shares and the ask was $28.75 @ 100 shares. That's 1000 to 1. Conclusion: someone was not going to let the naysayers drive the stock price down today. In the time I've been closely tracking this stock, I have never seen such a large bid at the end of the day. I take this as a very very positive sign. Also, with volume consistently light the past 3 weeks for the most part, this is also very very good. The only thing that wasn't good is the market maker wouldn't give me the Nov 25s today @ $4.125. What a jerk!!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next