The Iomega-Joel Pissing Subject Message Board

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Technology Stocks : The Iomega-Joel Pissing Subject

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To: steve goff who wrote (10)	2/23/1997 9:34:00 PM
From: Herb Fuller	of 11

Steve, This will happen if the price moves up in a rapid fashion . The shorts will have a re-purchase point to stop their losses on the upside . If the price moves up sharply this will force the shorts cover as there is a lot more room on the upside with IOM than there is on the downside . It can only go down $16.50 but it could in theory go up $100.00 or more tomorrow . When the investors on the upside see IOM moving up they will jump in for the ride . Investors have become momentom players and tend to follow the herd . I try to stay away from that and for the most part I succeed more times than not . I have been at this for some 40 years now and have seen most every thing that can happen in the market . Good Trading To You , Herb

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