Welcome back, Bob--I, too, have just returned from a glorious trip in northern California, whitewater rafting on the Klamath River. Some of us had some pretty gnarly swims, but we came out of it all fine--in fact, more exhiliarated than ever.
Fellow IDIOTS--IOMEGA WILL BE BACK STRONGER THAN EVER. I, too, am at a paper loss right now. I refuse to dump at a loss so that the big guys manipulating the stock price right now win and steal our shares from us at way bargain prices.
Unfortunately, this major pullback is not surprising at all--just look at a chart of IOMGA's performance over the last month. It did start getting way ahead of itself--BUT ITS FAR FROM "OVER" YET.
HANG IN THERE, AND INCREASE YOUR POSITIONS, IF POSSIBLE AT WHATEVER BARGAIN PRICE SHE SETTLES TO. I don't think it will drop under 30 before a huge upswing--its already showing good resilience in the upper 30's, and after the secondary offering, the price should stabilize. As the next earnings report comes closer, this stock is going to go on another run, and we'll be glad we stuck it out.
GOOD LUCK TO IOMEGANS. marie (still LONG on IOMGA) fouchia. |
