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Strategies & Market Trends : Waiting for the big Kahuna
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To: studdog who wrote (9574)11/12/1997 5:49:00 PM
From: vegetarian  Read Replies (1) of 94695
 
Nope, I am not shorting IOM or said I would short it.
In fact I was long till few weeks back, sold in 30s.
Although IOM has been doing well, my point was it is not obvious that they would go up significantly on the news.
Also I hope the management is not trying to anticipate market reaction to the news and play it, that is not a useful thing to do.
Also, I still don't see a need for a 28$ stock to split 2:1.
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