Excuse my ignorance, but can someone please explain why an informed investor would pick IOM for a short play? When this stock was at its worst moment, it was trading in a $3-$5 range. It is now trading in the $7-$10 range and clearly steering its business back on course, posting to the investment world a super Q4, and also painting a rosy picture for its future. Where would you make money on the short end? If everything thus far was a complete lie and Q4 was a fluke, you would still only make 2-3 points on the downside. Yet the shorts are trying to convince everyone that there is a great short position to be taken in IOM! As far as Q1 goes, the only thing that saying it MIGHT be flat does to IOM, is lower expectations. IOM knows that after showing a turn around to the entire investment world, the last thing that they want to do now is post a loss in the following quarter. Now with lowered expectations we will blow out numbers again.
Storage is the future. In the next 2 years, this sector will explode. Digital cameras, zips, clik, etc... IOM is the leader with many new cutting edge products in the pipeline. THE STOCK IS TRADING AT A BOTTOM, WHY WOULD YOU SHORT IT NOW?
Is it me?????
Ron Dior |
