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: Michael Coley who wrote (37518)11/26/1997 9:00:00 AM
From: Linda Pearson  Read Replies (1) of 58324
 
Michael, <I've seen literally dozens of people on this thread say that they are "selling at $35" or that "we're going to $35". >

I ****Think*** that due to the particular level,,,the secondary...the shorters (like Meyer Berman who will hold until Iomega short for years---I don't know if he's covered, but, that's his philosophy)...

There could actually be a burst through due to short covering ...Possibly those that were slick enought to short above this level and feel their socks will get knocked off.

Even if us little guys sell to take profits, there are millions of shares shorted...I wish there was a detailed report to show us where..;)

This is just an instinctual feeling, which has helped me in the past....Everyone can say I told you so if I'm wrong. It's OK.

Linda
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext