Look, today, this stock went from 26 to 16 7/8 and 20 million shares changed hands. This is reality, folks. Today was a blood-bath and tomorrow will more than likely bounce but remember.....
Monday opened at 16 3/4, up from Friday's 15 3/4 on heavy buying from 14 7/8 at 3:30 pm (from 14 7/8 to 26 on Tuesday morning, nearly a 75% increase). Big jumps late in the day, big jumps, in the morning, heck, even I know what this means. These were sucker plays.
Watch this stock carefully, at 10:45 it should be where you guys in the 20's can jump. I would suggest that you do so, a bigger hurt is comming, this is not IOMG. Iomega has the next floppy, hard disk and back-up in one device, faster than cd and less expensive.
ONE more thing, best of luck and skill to us all. |
