SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Carl Fritch who wrote (6269)8/19/1996 11:07:00 PM
From: Bill Hernandez   of 58324
 
Io's uncertain price is not catastophic, it is planned. The market wants to shake you out of your position by boring you or giving you time to have nightmares. (See the websites below for more information). It looks like Io has become stale and that is what we are supposed to believe inspite of the fact that it has FABULOUS! read my keyboard F-A-B-U-L-O-U-S value and solid fundamentals.

The price is stalling which is perfectly executed so that you can unload your stock and lose your precious resources to the guy that promoted the stock to begin with. Io was promoted and pushed higher so that market makers could distribute their stock to their customers (the public). Volume and liquidity in the stock is where the money is made or rather raked in from the public. Volitility means that the guys behind the scenes are spinning their webs for the unwary and hapless fools. If you wanted to sell something to make money, wouldn't you promote it? And by promoting it, wouldn't you attract buyers and wouldn't those buyers bid up the price? At some point you say "sold to the highest bidder." And then you party all the way to the bank.

I really don't believe many see the point that the stock market is not there for YOU to make money. It's there to make money for itself and for those that want their companies promoted (with a fee attached of course). Companies place their shares on consignment. The middle man makes a percentage off the deal. The public is left with some real valuable goods that will appreciate or they are left with dubious valuable paper (stock certificates).

We can make money by watching the steps of the powers that be over the stock market. I've heard that it was prudent to be contrarian in the stockmarket. If someone said buy, then sell because the stock is being unloaded or distributed.

Iomega seems to be in the sour grapes, most hated stock stage. It may be a signal that it is being accumulated at super bargain prices by smart money and then at sometime in the future it will again soar to precious new heights. But before I ramble any further check out these sights and grow up. The stock market resembles a used car lot with used car salesmen. Don't allow yourself to be manipulated and you will be able to drive away with a Porsche, BMW, Volvo, Mercedes, you choose.

www.hot-stocks.com/essay_html/deadly.html (My favorite)

www.netgate.net/~forecast/shena1.html

www.forbes.com/forbes/072996/5803072a.htm
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext