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


To: Tom Carroll who wrote (5923)1/15/1999 4:52:00 PM
From: go4it  Read Replies (2) | Respond to of 10072
 
yeah I was around the first time as well and plan to be around for the second time as well. I have been trading the stock some while maintaining a core position but find this trading very different. Other than a couple of momentary spikes in the price, the stock has managed to trade over 20MM shares and has barely moved more than a quarter point at any given time. It is like there are brick walls set up at $9 and at $9 1/8. I expected to see a painting of the tape at the end of the day but I didn't like seeing two of the sells which were blocks of 14,000 and 35,700 shares which appeared to be an attempt to break $9.

So this weekend I will ponder what I have seen this past week. I would really love to be able to ride a couple of more short squeezes with IOM just like the last time. Personally I think IOM will at least double by year's end and possibly even do a couple of multiples of it's current value.