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." |