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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: David S. who wrote (990)6/23/1999 5:54:00 PM
From: Rocky Reid  Read Replies (3) | Respond to of 5023
 
>> My complaint is the stock went down to about 3 and 1/2 while I was away in Italy and now it runs back up to about 5. I'm pissed because I was waiting to buy more below 4 and I missed it. <<

Wait. You'll have your chance again.

And soon. PC Expo is over. The Hype-Suckers have bought in, and now the fun for shorts begins next week.



To: David S. who wrote (990)6/23/1999 7:51:00 PM
From: Naggrachi  Respond to of 5023
 
<< Basically, half the people make money and half lose. It's that way with every stock>>

No doubt about it, however, in my post I was making a SIMPLE observation about how many longs/shorts have been burned trying to gain from this stocks movement in either direction. Didn't IOMG put a couple of shops out of business in spring of '96? Who were shorting the hell out of it to no avail. What you're saying is true about any stock, however, I was merely thinking outloud.

As to your entry point, I wouldn't worry about it, I have a gut feeling well tred to that level again.

Zead



To: David S. who wrote (990)6/23/1999 10:17:00 PM
From: Robert Neville  Read Replies (1) | Respond to of 5023
 
Actually, David, it hasn't been drifting at $5, it's been anchored there by the mysterious folks who usually put a big block of shares up for sale at around $5.00 whenever the price of IOM manages to struggle up there...this soaks up whatever demand there is, and keeps the price from rising above that point. Now who do you suppose they are?

Bob