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: Mary Cluney who wrote (4680)	7/19/1996 1:14:00 PM
From: Christopher A. Smith	of 58324

Once again I relearn the lesson I thought I already knew. That is, buying long or short on IOMG and expecting any trend to continue for very long is a risky thing. Must take advantage of rapid swings. One may be loyal to IOMEGA as a company, but, let's not forget what we are doing - trying to make money on the stock. I have been a shorter of these last few months and then finally went long at 22 on 7.16. I was giddy with profits yesterday at a closing of 28. Should have taken profits yesterday before this pummelling and shorted again. Any guesses as to how long it will take, if ever, to reach 30 again? From reading through some of the posts here, there is plenty of reason to believe that IOMG has some tough times ahead.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next