To ALL: I one of those people who lost thousands and believe that the
big fish are playing this one. Small traders can not do what has been
done.
Information wise, my analysis says that this company is over-valued by
approximately 20 % at 17 1/2. Today's anaysis says that this stock should have a rise back up to 22 1/2 and eventually settle in the 15 range. (however, I am wrong more than i'm right)
Best time to buy or sell is 10:05(down), 10:45(up), 1:30(down) pm, 3:15(up) pm. These seem to be the break out times. By the way, I have been watching this stock, minute by minute for a week, and the "big guy" likes even numbers and half-hour marks. If you can, look at the size of the trades when it begins to move, blocks of 75000 shares at a time. At least this is my read of the situation, anybody have any other analysis.
Buy the way, I bought at 12 3/8 and sold at 15. I shorted this stock at 17 7/8 and (my stop) bought to cover 19 3/8. Big, bad loses.
Oh well, another lesson well learned. Long on Iomega, Impx, and ? |
