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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Rocky Reid who wrote (3626)11/8/1998 11:41:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 10072
 
Hello, do you even know sh#t?? Shares outstanding is B.S. What counts is the floated shares.

While the company has more shares on the float due to the split, the stock is also 1/2 the price.

Your logic is flawed. If IOM had done several secondaries, then yeah, it would take alot of shorters.

BUT, given the turnover in this stock and the huge blocks going through, a short squeeze is probable if not inevitable.