I have some IOMG as a HYPE security. I MISSED the stock in the single digits and
in the teens but got in at 35 in mid November, after the news out of
COMDEX. I will probably hold it until the day before the earnings
announcement in January. No matter of how good they are, I think the
stock will take a beating then, if not a little bit earlier, because
traders sell on the good news and DUMP on a bad news. This is what I
did with HWP, although I am not a dasy trader, in Nov. I sold at 93
the day before the earnings came out better than expected, and
avoided the next three week sell-off. I needed the money for MU
anyway, but refused to play tough and that's why I got a better price.
And, since a lot of expectations have alreay been built into the
price of IOMG, I might consider getting out of it temporarily, if it
breaks down on Mon. I still think it might reach 70 by mid Jan., but don't
ask me what happens next.
I have no idea about USFX, I will research it though.
Check out DNA, NYSE; NCDI, NASDAQ, and Xentel out of Canada as net
plays, as well as Ciprico - CPCI, as a computer peripherals
manufacturor. Another member of this group, Joan Graffius, has suggested ISSM -
International Semiconductor, NASDAQ, as a GaAs semi play.
Good luck!!!!!
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