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

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To: junior MAFIA who wrote (7789)9/26/1996 5:48:00 PM
From: Antony Mosley   of 58324
 
>>I chickened out today.
i sold all my iomg at 26 5/8 within an hour of trading.
my reasoning? sure iomg will be 30 soon, but that
cursed ndb doesn't allow short or stop orders on iomg.
i bought at 24 1/2 so i decided to get out.
but when i checked the price it went down, so now
the question is at what price should i buy back in??<<

I would think about the time to buy more than the $ amount. Most of the techs I've followed seem to dip on Thursday and Friday afternoons. I would buy on the late Friday dip.

I watched my Nov. 22.5 calls go from 6 to 3.75 today. I put in a good till cancelled order at 6, hoping it will hit there sometime between now and next Wednesday. Depending on the way things are going, I will purchase the Nov. 30 calls on the next Thursday or Friday afternoon dip.

Not very technical, but it's worked so far.

Keep us informed of your progress!

am
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