SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Tom Carroll who wrote (8144)3/10/1999 10:48:00 PM
From: Michael M  Read Replies (1) | Respond to of 10072
 
I'm told that CeBIT is on tap next week. Anybody have a decent rumor or speculation to pass along?

As a 'relatively sophisticated investor', I'm still holding. So, why have I developed this terrible fear of bending over.



To: Tom Carroll who wrote (8144)3/10/1999 11:14:00 PM
From: Gottfried  Read Replies (1) | Respond to of 10072
 
Tom, the last 10 trades today went at bid. Isn't that a sign of selling pressure?

Gottfried

Last 10 trades
Time Price Volume Exchange Info Today's Action - IOM
16:05:55 5.000 200 Boston at Bid
16:05:55 5.000 1000 Boston at Bid
16:05:55 5.000 500 Boston at Bid
16:05:55 5.000 1000 Boston at Bid
16:05:55 5.000 1000 Boston at Bid

16:05:55 5.000 2000 Boston at Bid
16:05:53 5.000 1000 Boston at Bid
16:05:53 5.000 100 Boston at Bid
16:05:53 5.000 1000 Boston at Bid
16:05:53 5.000 1000 Boston at Bid




To: Tom Carroll who wrote (8144)3/11/1999 10:19:00 AM
From: Jim Welsh  Respond to of 10072
 
RE: Who's selling?

Tom (or Darrell?)

I also noticed the increased activity around 2 PM yesterday. The hitting of sell stops seems reasonable. I would also assume there were some buy orders in at 5 to pick up at least some of the sold shares. What I am wondering if it is also possible that some shorts may have hit their stops as well? One might assume if shorts were buying back, why wouldn't the price move up? Being not familiar with the shorting process, I'm wondering if shorts who may have "bought back" to close out their positions, could have turned right around and sold, not wanting the shares, thus keeping the price around 5. Does this seem feasible?

Jim Welsh