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Non-Tech : Iomega Thread without Iomega
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To: David S. who wrote (9639)5/5/1999 11:37:00 AM
From: Rocky Reid  Read Replies (3) of 10072
 
My brilliant call of this current and ongoing Correction, and Short of NTBK has combined to produce a wonderful collapse of $25 yesterday, and $17 (so far) in NTBK today. My Short price? $193. NTBK's present price? $156. That's a profit of almost 20% in under 2 days of a 3-digit $$$ stock.

Not bad.

IOM's toilet-water reputation makes for an excellent example of a stock price disastor to compare/contrast on other threads, like NTBK's SI thread. There is more than enough $$$ to be made on the Short side with garbage stocks like these attracting Newbie Suckers.

IOM is THE prime example of a stock market train wreck.
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