KP...
I'm using my trading account to generate a monthly income, so short term chart watching is what I do. I don't day trade usually I trade short term or until I get the profit I want. Depending on the stock I only look for .50 to $1.00.
I'm a lot more conservative in my IRA, I've said all along I don't invest more than I can afford to lose on this or any speculative stock .
Early on, Iomega made a lot of money off the drives. Now, they make no money off the drives due to the OEM model. Obviously, this has had an effect on both the top and bottom lines. You say 'It's the disks, stupid' and I say, Yes, it is, and look at the results... (6 dollar stock)
Not that either of us care but you lost all credibility with me with that .02 earnings prediction, talk about losing touch with reality ! Are you saying disk sales are slowing ? Your also speaking only of the OEM 100mb ZIP, I bet IOM has good margins on their other drives and disks too, but then again I could be wrong.
Again why are you here, are you looking to go short are for a long position or just to stir up the ant bed. Please spare me the your doing us a favor routine
And no I'm very cautious on earnings days. I find this war to be the next standard if there is going to be one interesting, thats why I have a little change invested to make it more interesting, but again I admit it is a speculative play .
Since we're looking at different time that spans might explain our different views. I maintain a small long position and double up when I think it's going to move. My biggest holding is CPQ and has been for 11 years. Of course over the last 2 years I wish I'd been in Dell,IBM, HWP or GTW :-(
BB ^-^- |
