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: Andre Lukas who wrote (9724)	10/22/1996 3:03:00 PM
From: Sam	of 58324

TA should be used to analyze short term price action, market psycology, etc. If you are a long term investor of IO, and you believe in the company's fundamentals and products-don't worry about TA! If you are a trader, then you better take a look! Most all traders are not emotionally attached to this, or any, stock! None of this Rah! Rah! stuff that we see on this thread all the time. There is money to be made. So for IO - just take what the chart and the stock gives you. Resistance to the upside at $27 and change. Resistance to the downside at $20 and change. Right now we are in a trading range. If IO breaks $20 to the downside (looks like it's giving it a go), it's gonna test that $15 level again. Everyone needs to understand that traders make money going UP and DOWN. IO lends itself to this. This is one stock that you have to keep a constant eye on-watch for the $20 resistance level. If it gets broken, I would sell and buy at lower levels. Just my opinion. Good luck everyone. Sam

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next