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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: TsioKawe who wrote (57673)10/10/1998 12:33:00 PM
From: LakesideTrader  Respond to of 58324
 
Isn't there some way to know if it was a buy or a sell?



To: TsioKawe who wrote (57673)10/10/1998 12:56:00 PM
From: Rocky Reid  Read Replies (3) | Respond to of 58324
 
>>Speaking of IOM, a major Brokerage house traded (I believe purchased) over one million shares of IOM Friday. Approximately half of the volume for the day! Could it be they expect the price to rise?<<

1. Block shares of IOM were TRADED by Smith Barney, not purchased.

2. Those trades could have been block SELLS by a Mutual Fund forced to omit IOM from its portfolio because of its low price.


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