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Non-Tech : Any info about Iomega (IOM)?
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To: Mama Bear who wrote (8672)10/13/1996 9:15:00 PM
From: NoName   of 58324
 
I know Nasdaq stocks are traded my MM'S, I didn't think I needed to specify that. Regardless, it's all the same game of corruption.

What makes it so hard for you to believe I've never lost money. I never claimed that I was ever down but stocks always go up after sharp rebounds because the Specialist and MM's have a vested interest in having the stocks they own go up just as individual investors. However, the MM's won't take share prices up unless they own it and that is why prices drop, not for any other reason. The only thing that matters in a stock price that isn't controled by the MM's or Specialist is whether the company can continue to function. OEM deals, supply & demand, even profits don't matter on a stock price.

I've made money in everything from LA Gear to Opti.Inc. (mind you both companies are struggling, and I didn't short either) but I don't believe it's necessary to justify my record, If you investors want to continue to be mindless sheep and get excited everytime IOMG goes up just to panic when it drops then be my guest ( as was the case when IOMG went from 13 to 26 then fell back to its current position, if you don't believe me then look at the threads on IOMG. One is IOMG dropped so and so point in the last mins. of trading, what happened?

All I ask is for an open mind, and Barb if you lost money then you probably panicked when stock prices fell, just as the Speicalist or MM wanted you to do.
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