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Re: IOM
Larry......Polarization is what the IOM Bulls and Bears thrive on. This stock is traded on pure emotion, plain and simple. Thre are more than 22 million short shares out there to prove it, and these people hate Iomega .....plain and simple. Perhaps they were on the wrong side of the tracks when IOMG took off last April, and they have never forgiven the company for taking off without them. ...who knows. There's no rationalizing this one. People love the stock...people loathe the stock......neither has much to do with company fundamental's....and price activity obviously has nill to do with quarterly earnings. This is one of the most speculative/unpredictable securities I have ever had the pleasure to trade. It's a definite nail biter, head turner, head banger......all leading to the inevitable Xanax cocktail at the end of a trading session. I used to post heavily on the IOM thread when I was actively trading the stock, but it got out of hand.....too many insults, threats, manipulative suggestions.....whoa!!....it got way out of control. It was almost as bad as the FOOL Board. So now I lurk occasionally just for the latest information,rumors,hype,,hypnotic/subliminal suggestions.....et cetera.
Do not go there in hopes of getting a cut and dry consensus as to where Iomega ( the company ) is going, ...rather where IOM ( the overly abused, strongly undervalued stock ) is going. But dont take this Bull's word for it.....check out the thread for a few days, especially over the next few sessions....you'll see.
Regards,
Steve |
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