>>It just blows my mind that people continue to buy this stock... When you have DELL, MSFT, CSCO, LU, T, AOL, IBM, HD, FDX, CPQ, SUNW, RMBS, and on and on to pick from...<<
BBG -
The stocks you mention are all good investments. I am also invested in other stocks, including at least one on your list. My IOM investment represents a very small portion of the portfolio at this time.
But I wouldn't sneeze at IOM, if I were you. I have made good money with it over the years. My reason for buying now is that I do believe the turnaround is real, and I believe the downside is limited. It's also clear, from movements like what we experienced this past October, that there is still plenty of interest in IOM. Quick upside moves are quite possible.
But the biggest reason I just bought IOM is that I believe I know the company and that I understand the market they are in.
- Allen |
