IOM heading for the BB...............................
IOM's chart is in perfect stride with Syquest,,, It will be real tuff for this stock to find support at 2 and 15/16's.... There is no support at any levels and it is trickling down just as SYQT did. This is a good indication the the Millions and Millions of shares outstanding are in weak hands with no institutional support at all.
TRICKLE TRICKLE TRICKLE..............
Not even a dead cat bounce,,, a good indication that IOM will be in the 1's in the near term (within 4 months) ,,,,,,,,,,,a BB stock before it disappears...
Just to much comp...and to much money for storage....
ZIPplus was a dive
Zip 250 is quite boring based on the harddrives coming in new computers now
ENJOY the 5's while you can! |
