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 : Iomega Thread without Iomega

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rocky Reid who wrote (3673)11/9/1998 2:44:00 PM
From: Cameron Dorey  Read Replies (1) of 10072
 
Look at the TAPE! Iomega's going DOWN, DOWN, DOWN!

And on such PATHETIC volume! ONLY 13,000,000 shares traded and it's almost 2:30! Friday, over 30,000,000 shares traded! Nobody can even GIVE AWAY this DOG!

(Wait a minute, this is actually more than traded daily before the end of last week.) LOOK at how investors are RUNNING AWAY in DROVES! The volume is HUGE! Everybody is looking for a sucker to take their shares off their hands! The SMART traders are LEAVING!

Well, it doesn't matter what the volume is, this is such a PATHETIC LOSER that if even one share (say, my share) trades hands at a lower price it spells the beginning of the end!

(Actual quote) "you can bet the shorts are piling on as we speak" AND SO THEY SHOULD! SHORTS are BAD for Iomega investors! Why? I don't really know yet, but give me a minute... OH, they TAKE STOCK OUT OF CIRCULATION! That way, Iomaniacs can't raise the prices on stock they don't have! And the shorts don't have to buy it back until there's a SALE! Everyone knows that Christmas Sales come right after Thanksgiving ("This turkey is going to be bar-b-cued after Thanksgiving"), so they only have to hold on for less than a week!

Respectfully yours,

Elaine

"Just when I finally figure out where it's at, somebody moves it."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext