NGUYEN BUYING. Some recent quotes about Iomega buying from this string:
(1) (May 21) "Yeah, and I probably tried harder than anyone else to make you see the promise land. I put my money where my month is: I bought a bunch more last Friday at $66 3/4 [or $33 3/8 split adjusted]." (2) (June 4, on this date IOMG was about $41) "Backup your truck and load up on IOMG shares, folks. The current chapter is over today and we are about to embark on the next ride. Along the way, listen to the screams of the shorts." (3) (June 20, on this date IOMG was about $30) "I bought a bunch more today. So what if it drops a little more this week. Come July and after, it won't stay around this level-unless the market crashes." (Note that I don't check this string but once in awhile, there is no telling exactly how many times this person has claimed to have bought.)
Does anyone out there ever ask themselves why this guy didn't take all his money and buy at $66 3/4 (before last split) since he was so sure about IOMG's price direction? Does anyone out there ever ask themselves why this guy didn't take all his money and buy at $41? At $30?
This guy always seems to have more money to buy IOMG when the price goes down. It's interesting why, since he was so sure, that he didn't put everything he had into it at $33 3/4 (split adjusted), at $41, at $30.
I'm not debating his ability to talk tech, I'm debating his credibility as far as, is he really buying when he says he is. The WSJ may be full of it, but this guy makes the WSJ read like a bible.
P.S. Mary, I hope you are having a good day. |
